Replies to post #5845 on Soligenix Inc (SNGX)

[thephenomenon]

I dont understand either, if anyone can clarify, that would be great.

[DR. EVIL]

The company reserves the right to sell up to 10 million shares at a 20% discount to one of three entities until December 2016.

It does not look like there will be any restrictions on the sold share, so they can be diluted into the float as soon as they are purchased.

Shares will be sold to finance business operations...