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MONQUE2

08/12/17 10:38 PM

#20168 RE: greenmachine2 #20167

My understanding of the Greenshoe Warrant, as it pertains to our situation is this. Zaric, at some point in the future, will eventually receive from the company "as many shares as necessary" to achieve the 84.9% ownership he's entitled to per the purchase agreement...

So you can see the potential dilemma for us shareholders if this happens with little or no stock in the treasury....

Obviously, for us, we would like the company to have as many shares as possible in the treasury before he did that. As I have previously said, I have no idea how many shares we may have had in our treasury when we merged.