I’m not short but if I were I would have not covered now since the new Filling shows the OS over 47 plus millions, and that’s plenty of cheap shares to be covered before the next RS. I apologize for my previous post that i mistakenly said new OS was 43 plus millions. The new filling below tells a different sad story.
Race Navigation may be deemed to beneficially own 10,737,514 Common Shares, representing approximately 22.8% of the outstanding Common Shares. This percentage ownership is based on 47,072,312 Common Shares outstanding, which is calculated for this Schedule 13D/A purposes by taking the sum of (i) 36,334,812 Common Shares outstanding and (ii) 10,737,500 Common Shares issuable upon the exercise of all of the 1,250,000 Warrants currently held by Race Navigation. Race Navigation has the sole power to vote or direct the vote of 0 Common Shares and the shared power to vote or direct the vote of 10,737,514 Common Shares. Race Navigation has the sole power to dispose or direct the disposition of 0 Common Shares and the shared power to dispose or direct the disposition of 10,737,514 Common Shares.
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