LOCKED for 12 MONTHS, Rule 144 follows meaning RESTRICTED for 6 months with Only 1% per Quarter per 3 month Volume being sold. END OF SESSION, Get over it.
12 months is February 2016 6 months is August 2016
Management DID NOT HAVE TO ACCEPT THE TERMS, BUT DID.
What are you even implying? The 13D's are required filings when a more than 5% holders holdings change. All of the Preferred Holders are more than 5% holders. They aren't going to reveal any smoking gun, and just how do you know what the IB's have been negating with the company board with? I guess you aren't use to doing business at the national level. Why would they convert a small amount of preferrers into common and then sign one year lock ups? Please tell us your conspiracy theory on this one...I am SURE we are ALL interested in the continued side show entertainment here.
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