Dear Facebook-Oculus readers BUYOUT EXPLANATION FOLLOWS: Although Oculus the virtual reality company is a separate issue from Oculus Innovative Sciences (OCLS) and its recent spin-off IPO Ruthigen (RTGN), both of which operate in the biomedical sector, consider this link that explains Oculus and Ruthigen.
The tight share structure in Ruthigen is an attractive scenario. There are a total of 4.2 million common shares outstanding, with 2 million of these shares held by Oculus that have a one-year lock-up period. This leaves the 2.2 million shares on the float...
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