Fonon Corp. (fka FNON)

[pitboss22]

TW's shares are restricted, although the restriction may not apply once his position is terminated. The point may be rendered moot by the stock price though.

Dr. Shiong only owned 947,810 shares after the purchase of the notes (you really do need to read and understand the ownership footnote). He put the company in default the next day so it is doubtful he added anyshares through conversion.

If his business manager was smart, he dumped the shares he got from Sandell when the stock price popped up to 8 cents.