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RuleofK

11/30/17 12:55 PM

#146586 RE: hankmanhub #146572

As usual the 10q wording is ambiguous, but I don't think "15% of the available shares at present" is synonymous with 15% of the company. I interpret it to mean 15% of the remaining shares in the current shelf. However much that may be. IMO.

Following the discussions with investors, on November 19, 2017 the Company’s Board approved a new plan for equity awards of fifteen percent of the authorized shares at present,to take account of employee and director performance over the last approximately 6 years and anticipated performance over the next approximately 2 years. The awards are subject to various vesting provisions, forfeiture and acceleration provisions tied to milestones over the next 2 years. The Company is now undertaking the steps for implementation.
Most recent 10q pg. 28.
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sentiment_stocks

12/01/17 8:11 PM

#146877 RE: hankmanhub #146572

As Rule of K suggests - it's 15% of available shares now - 450 million, so 68 million. Even now, as Flipper suggests, we're somewhere around 660 million (?) and there are more coming with the financing. Even at 660 million, that amount drops to 10%.