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Tuesday, March 18, 2014 11:51:40 PM
Everyone, I think, agrees that the A/S is not impacted by the RS. That is typical process. We would like to see then retire some shares, but that is a different matter.
The question is the O/S. They stated in the Q3 2013 report that there were 300M shares being held in escrow to payoff someone. Once paid off they were going to retire those shares, again stated in the Q3 report.
We need to understand if the shares are retired, and, if so, does that make the O/S @ 103M or 3M shares, depending on what you think the O/S is.
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