InvestorsHub Logo
Followers 104
Posts 4764
Boards Moderated 1
Alias Born 05/19/2009

Re: foxwoodsfan post# 94981

Tuesday, 08/07/2012 2:25:46 PM

Tuesday, August 07, 2012 2:25:46 PM

Post# of 118202
Seems to me he's selling roughly 5.5M private shares that already had been issued to him for the $53,000. Rule 506 is for the selling of shares from what I've read. I don't think this impacts the O/S.

\\//_

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.