InvestorsHub Logo
icon url

DownWithPumpers

04/08/17 10:58 PM

#60085 RE: _19 #60081

This restructuring has a large impact on the share structure.

Old info (from the iBox) Common Shares Outstanding 302,309,005

New info (from the SEC filing) approximately 1,099,000,000 Common Shares outstanding on an undiluted basis and approximately 1,136,000,000 Common Shares outstanding on a fully-diluted basis.


http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=11811639&RcvdDate=1/31/2017&CoName=BANRO%20CORP&FormType=6-K&View=html

There's roughly 800 million new shares that could be potentially be dumped on the market at any moment.