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Investor_cmz

11/20/15 4:07 PM

#10372 RE: billnew5 #10369

My take,

The S-1 statement filed back in July:

http://www.fool.com/p/60/www.motleyfoolp.idmanagedsolutions.com/widgets/secFilings/download?id=10814489&downloadType=pdf

Is being made effective. In other words, they are officially "registering" those 24,640,000 shares associated with the May warrants. Which means, they are now officially part of the float and O/S.

If you read the fine print of that S-1 it clearly says that the shares are to be registered on a future date through filing of an amendment. That future day is today :).