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CantonG

11/17/15 1:29 PM

#78696 RE: lqmtapple #78695

He had at one time about 10% or just under so he didn't have to report. It's been so long, I don't remember anymore. Some of the current veterans can tell you. He still has 10's of millions at least.
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was marketcap

11/17/15 1:44 PM

#78697 RE: lqmtapple #78695

VPC is the direct owner of 15,209,379 shares of Common Stock and the direct owner of a Warrant that, after giving effect to anti-dilution adjustments made through June 30, 2015, may be exercised to purchase 18,860,445 shares of Common Stock (the “Warrant Shares”). The 15,209,379 shares of Common Stock and the 18,860,445 Warrant Shares represent direct beneficial ownership of approximately 6.9% of the outstanding shares of Common Stock.

Visser hasn't filed any more 13D's since 10-29-15. He still has to file as long as he owns over 5%, which includes warrants. When he gets to 5m shares of common, he will no longer have to file. He has 10 days to report any buys or sells.