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Replies to #1667 on DSS Inc (DSS)

Chas1961

08/02/13 7:54 AM

#1670 RE: Patentinvestor #1667

PI

These shares converted into DSS common after merge and I am fairly certain those shares combined with separate .02 warrants translated into the 5.7M shares that had to be sold in order to get under the 5% reporting rule. They had 10 days to sell them (by 7/10) in order to avoid reporting. The prices started dropping on 6/20 when it was 2.72 and by 7/10 it had gone down to 1.67 with huge volume. My guess and it is just that, is they made more than their money back between those .02 warrants and LTG converted shares. They still have DSS shares per their Form 13 and also their portion of the 7.1M claw. I just think HB is done and that perhaps legacy shares and some other sellers may have some left. Once again, this is just an estimate based on my review of the shares at merger.