You could be correct regarding shares still being owed to NIR/Cornell. Maybe this weekend I'll have time to look back over the old Michelex filings to see if they actually took possession of all shares due them.
Regarding the AS, if they needed more shares when they consummated the RM between Pristine and Michelex, they should have done a RS at that time. If they do one now, they are going to have a lot of po'ed shareholders. They will also show their ineptness if that is the case.
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