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TRAPPER JIM

10/28/17 10:06 PM

#14889 RE: cadfxguy #14887

He said Leakout agreement not Lockup agreement. A Leakout agreement means they can only sell a limited number of shares in a specified time frame before they are given more shares to sell. https://www.lawinsider.com/clause/leak-out-provision

Mammoth taking that note. Since we did the acquisition we are working on bank debt to finance everything including taking out all the notes. I have a leak out agreement with Mammoth and with the new bank debt all the notes are being rolled up.
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