NetSol International Inc. (NTWK)

[sbc357]

Ting, Thank you for the link. I am completely inept at finding such information and, to be honest, I depend on you and a couple of other posters to find this info most of the time. Anyway, after reading the S-3 filing I understand exactly what this is about. In addition, I called the PR guy and questioned him in case I was wrong; he confirmed my thoughts.
This filing is only the final paperwork for the deal with Deephaven that was publicized in early Feb. If you recall, the deal went through in 2 traunches, the first million at 5.55/share and the second million to be settled at a later date. This settlemetn date being approx Feb 21 and the settlement price per share was to be determined by the stock price running 10 days prior to and 10 days following the settlement date. Well that was finalized around March 14 and this S-3 filing is just the paperwork outlining what price was established for this second traunch. It also is the necessary paperwork required to release those shares from being restricted shares any longer. Just thought I'd follow up with the answers since I posed the questions.
Charlie