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flaflyersfan

11/23/14 9:24 PM

#57480 RE: imgoingfishing1 #57477

imgoingfishing1, the JP Carey Agreement has a 4.99% of O/S clause;

http://www.sec.gov/Archives/edgar/data/1058330/000149315214003170/ex10-1.htm

4.99% of 850 million O/S is 42,400,000 which by the agreed to formula of a 15% discount to market at current share price is a whopping $7,208.00.

What am I wrong about?

Good luck.