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matt51

03/26/11 12:27 PM

#4303 RE: Recognizer #4302

Yes, she sold 80,000 shares. Some dilution with 5,000,000 more share for the employees. Looks like the minority members (read Bledsoe) of EES get the cash first from the joint venture. No guidance at this point on the royalty split.
A lot of moving parts to this equation.
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PATTHENEWFIE

03/26/11 1:23 PM

#4304 RE: Recognizer #4302

SOUNDS LIKE WE ARE STARTING TO LOSE YOU AS ONE OF THE FAITHFUL REC????