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Sunday, March 23, 2014 1:47:23 PM
As of September 30 2013:
Shares authorized: 750,000,000
Shares Issued: 559,266,061
Shares Outstanding: 556,516,061
The shares issued will exceed 600,000,000 in the 1st Qtr 10-Q that will come out in May. This will account for the private placement of shares to Rockville Asset Management LTD in early Jan 14.
There will still be over 100 million shares that are authorized but not issued. These shares could be used for another private placement if one of the big guys want to buy a large chunk of Sigma (as talked about in previous posts).
I feel it would be very good for us stockholders to have a major player acquire about a 10% ownership in Sigma. I am not interested in Sigma being bought out, but the PR factor of a major player getting involved would be huge for us.
JMHO
Recent SASI News
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