Replies to post #9993 on Syncora Holdings Ltd. (fka SYCRF)

[betahighlander]

Thank you Rock.
So, accordin to the document link provided by Rock, can we assume the BOD is at aware (if not haveeing aproved)of these transactions.unless each transfer is by seperate entities, and does not consititure 5% threshold.

As of the close of business on June 22, 2017, there are approximately 86.7 million
Company common shares outstanding for Section 382 purposes. Accordingly, ownership
of approximately 4.3 million Company common shares (the “Threshold Amount”),
whether directly, by attribution or otherwise under the applicable tax law provisions,
would constitute or approach 5% ownership for Section 382 purposes based on the
currently outstanding share amount. Please note that the number of Company common
shares outstanding for Section 382 purposes is not necessarily the same as the number of
Company common shares outstanding for other purposes, such as financial statement
purposes or Bermuda law purposes, and the difference betw