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. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135761172