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stockpopper

12/16/11 12:51 PM

#5966 RE: baomike #5965

The 20,000,000 shares are restricted (in accordance with rule 144) and will not free up until September 19, 2013 (exactly 2 years after they were issued)

2 years is plenty of time for RAYS to build a significant client base and large revenue streams. By that time the market for RAYS will be able to support those shares coming free.

In any case, what happens 2 years from now is neither here or there and has no affect on RAYS current trading.
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momo2011

12/16/11 1:16 PM

#5969 RE: baomike #5965

do you know about SEC regulation? affiliated shares have restrictions during long periods, and once restriction expires, they can only sell a small % each quarter which if I remember well it's a small number like 1% of the total shares outstanding