InvestorsHub Logo

e-ore

05/20/13 1:07 AM

#5728 RE: hometownJOE #5727

I agree A/S increases are usually to make room for conversion. But if they are going to purchase IRIS assets with shares, enough shares to give IRIS a majority holding, then they have to give them more than 1/2 the outstanding. So STOA has to have as an authorized share count more than twice what's outstanding.