InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,792.04
(
0.71%
)
US TECH 100
19,721.72
(
0.76%
)
Dow Jones
42,512.00
(
1.03%
)
Brent Oil
76.81
(
0.23%
)
Bitcoin
60,705.70
(
0.20%
)

Replies to post #7033 on ANTs Software Inc. (fka ANTS)

Replies to #7033 on ANTs Software Inc. (fka ANTS)
icon url

tigerpac

04/27/12 9:03 AM

#7034 RE: PennypincherTO #7033

The reason I said what I said was this line:

"however, that at no time may Ironridge and its affiliates collectively own more than 4.99% of the total number of shares of Common Stock outstanding".

Both filings indicated this. The 4/27/12 filing indicated that it was assumed that ANTS had 300 million common shares outstanding.

IMO, they can't own the 17MM from Oct + the 15MM (converted)from April and be less than 5% owners.
icon url

lucky17

04/27/12 9:04 AM

#7035 RE: PennypincherTO #7033

This is great news!!! This means ants now has working capital. I always thought they would move forward with gaining contracts, not a buyout. This assures they have the capital to do just that. I wouldn't doubt they come out with some contract news in the next couple months. Yeha!!