InvestorsHub Logo
Followers 6
Posts 283
Boards Moderated 0
Alias Born 03/14/2013

Re: benandemmiboo post# 175

Thursday, 02/20/2014 8:22:29 PM

Thursday, February 20, 2014 8:22:29 PM

Post# of 375
Benandemmiboo--Thanks for your continued posts! This last post prompted me to go to gsv's site and do some reading. I reread the terms of the Pinon deal and it got me thinking about how all those shares could affect the price if they were immediately sold. It sounds like the initial 5.5 million will be under a 2 year lock up, but there doesn't seem to be any sort of restraints on the other 1.25 million shares. Am I reading this right? Or will these shares be issued under the same by laws as the original 5.5 or will they be able to sell the shares off as soon as the deal is completed? The latter would be an obvious concern.