Correct you are. i am not looking to misinform... Here is the facts...
The Offering
Common stock offered:
Up to 21,000,000 shares of common stock, $0.01 par value, to be offered for resale by Kodiak.
Common stock outstanding prior to this offering:
76,563,739
Common stock to be outstanding
after this offering: 97,563,739 shares, assuming all shares offered for resale are sold.