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littlefish

02/25/18 10:56 PM

#21520 RE: fireopal #21519

I have it all correct. This clearly shows it:

"The $15 million of Irvine Sensors Corporation debt was contributed by Longview and Alpha to Optex Systems, Inc. (Delaware), in exchange for a $6 million note payable from Optex Systems, Inc. (Delaware) and a $9 million equity interest in Optex Systems, Inc. (Delaware) (which consisted of the issuance by Optex Systems, Inc. (Delaware) of 45,081,350 and 4,918,650 shares of its common stock to each of Longview Fund and Alpha, respectively). On October 30, 2008, Alpha sold its Optex Systems, Inc. (Delaware) common stock to Arland Holdings, Ltd."

Alpha was issued the shares by Optex in 2008, then sold them at end of October 2008 to Arland. It says so right there above. So obviously in February 2009 Arland would own the shares since Alpha sold them to Arland in 2008.

Easy. All IMO only.