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HMB2010

07/20/12 6:09 PM

#2034 RE: PennyPincher12 #2033

It appears the lock-up is for 6 months from 7/19/12 and VRNG has 18 months to re-pay Hudson the 6 million borrowed - but he has access to sell shares at any time....?
not found yet how many he has and then there's the 25% thing still intact.

Any attorney's out there to "splane it" it in layman's terms?

6 month (Jan 2013) and 18 month deadlines - these big boys think it's gonna be a wrap way before then and have Hudson his $ + % and he's done.

Feels like they are preparing for a pretty big payoff in the not so distant future. Glad I got my shares!

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The Rainmaker

07/20/12 7:23 PM

#2035 RE: PennyPincher12 #2033

Wow, the first 8k is the winner. 6 month voluntary insider lockup. Advanced discussions to acquire more patents.