9.99% of 246mm shares is 24,575,400. We traded 17mm shares today. Big whoopdeedoo! Extremely insignificant amount imo.
The number of Shares sold to Southridge shall not exceed the number of such shares that, when aggregated with all other shares of common stock of the Company then beneficially owned by Southridge, would result in Southridge owning more than 9.99% of all of the Company's common stock then outstanding. Additionally, Southridge may not execute any short sales of the Company's common stock.