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elbiatcho1

11/15/12 7:13 PM

#7982 RE: maestro_of_Ihub #7981

Because it happened very early in the year:

On January 4, 2012 in accordance with options granted in January 2011, Mr. Meller sold portions of his Convertible Note payable to certain employees of SWK Technologies, Inc. in the amount of $13,235. On January 4, 2012, Mr. Meller converted $30,458 of the Convertible Note into 60,154,178 shares of Common Stock, and those certain employees converted the $13,238 into 23,139,523 shares of Common Stock. As a consequence the Company recognized $719,267 expense in 2012. Additionally, during the nine months ended September 30, 2012, the Company recognized $412,587 of share-based compensation as a result of the granting of stock options to most of its non-executive employees.


Everyone already knew about the increase in shares that was going to happen.

And then the share-based compensation which was 1 of a 10 part plan was also already known.

You are 10 months too late for information.