Value Microcaps Junior Energy

[Bobwins]

This is a consequence of financing. Saratoga sold stock previously to investors and now they are fulfilling their promise to those investors by registering the stock and making it tradeable.

The investors have already given Saratoga the money to use for drilling or refinancing old debt. The investors have already paid a certain price for their shares, probably lower than the share price today.

This notice just makes those shares tradeable and allows those investors the same right to sell those shares at their convenience as you have.

It doesn't mean they will sell all 10 million shares.....Very unlikely.

The when and at what price they will sell is unknown. Obviously with 30 million shares outstanding, if all these holders decide to sell, the price will be lower. Look at the list. These are mutual funds and institutional investors that liked Saratoga. Unlikely they will bail at the first opportunity.