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fraseriv

11/02/11 2:13 PM

#12016 RE: karsmith94 #12015

5% is 4 million shares.

It means you own 3 millio shares now
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pistolpete

11/02/11 2:14 PM

#12017 RE: karsmith94 #12015

Very nice! Going to be a wealthy man someday soon IMO.
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Arthur

11/02/11 2:28 PM

#12019 RE: karsmith94 #12015

And after the company dilutes by another 100 million shares, you will no longer be an "insider".

Remember there is currently $1.45 millions worth of CDs outstanding and in the process of be converted into shares, which will then be dumped on the market.
You could buy them all real cheap.