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!