Again, if I recall, there were at least 132 million securities locked up in the class action. They would have known when they put that voluntary blockage in the 10k that the 60 day notice to shareholders of managements imminent right to get ___% of the securities held up by the class action would be released after 60 days notice to SH. It’s the company that has to give that notice.
What I’m asking is that knowing this 60 day requirement would be there, wouldn’t that be the exact time the company could have received 61 days advance notice from the defendants, aka powers et al, that they’d hen know how many shares they were looking at.
Thus notice to the company 61 days, notice from the company to shareholders 60 days.
Dual purpose. At the end of the 60 days the company will know insider security counts, plus they wouldn’t have risked exceeding the authorized shares before hand (very recently raised) had they not been restricted from exercise.
I’m just asking. Doesn’t it seem that they would go hand in hand?
Neat and tidy.
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