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Friday, August 09, 2013 10:39:33 AM
For one.. It states that Black has not sold any common stock (presumably in the last 12 months).
And two.. the company is unaware of any officers, directors or control person selling any stock (presumably in the last 12 months).
So how did we get to 2 billion shares OS before the split? Most likely these were shares Black had previously given out that had become unrestricted and sold onto the market. Not by Black, but by other investors.
There's also a line about "the Company is unaware and has no knowledge of the identity of any individual or entity who is currently or in the recent past been promoting the common stock of the Company..".
Don't know exactly what the point of saying that is, other than maybe they are trying to convey the fact that there has been no HNSS-sanctioned pumping of the stock?
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