Replies to post #46622 on Yuengling's Ice Cream Corp (YCRM)

[KnicksStockChamp]

That's in addition to the Preferred Shares that were issued. See "SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS" table on page 48 of that S1.

[SF971]

Their financing is an equity financing agreement with Trillium.

In a nutshell, it is an agreement for up to $3 million.

Trillium is not allowed to short the stock.

Trillium can not own more than 9.99% of the O/S for 24 months beginning on the effective date.

Trillium is not allowed to purchase more than $250K at any given time.

YCRM has control of when they purchase the shares.