The Company also wants to address its capitalization. Fifteen long-standing shareholders of Nestbuilder.com Corp, who own or have the right to acquire an aggregate of over 14 million shares of common stock, are parties to a Leakout Agreement that limits their ability to sell shares over the 6-month period following the acquisition of Renewable Innovations, Inc. Further, the 93% of the company that is beneficially held by RI legacy shareholders is under 6-month resale restrictions typical in a private issuance. Thus, the approximately 1.55 million shares in the float are going to stay relatively consistent during this timeframe.
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