LJPC Sheff I agree with you 100%. The filing offering tells states that it was a reoffer from a Apl2012 incentive, nothting to do with Baker imo
The filing states who got what as incentive back in Apl 2102. If I recall it was the CEO and 2 or 3 other directors
"Taken from the Dec 20th filing:
91,930,707 Shares of Common Stock
This reoffer prospectus covers the sale of an aggregate of up to 91,930,707 shares (the “Shares”) of our common stock, $0.0001 par value per share (the “Common Stock”) that have been acquired pursuant to stand-alone inducement awards granted to certain individuals described in the section of this prospectus entitled “Selling Shareholders,” some of whom are deemed to be our affiliates, as that term is defined in Rule 405 under the Securities Act of 1933, as amended (the “Securities Act”).
We will not receive any proceeds from the sale by the Selling Shareholders of the shares covered by this reoffer prospectus. We are paying the cost of registering the shares covered by this reoffer prospectus, as well as various related expenses. The shares included in this reoffer prospectus may be offered and sold directly by the Selling Shareholders in accordance with one or more of the methods described in the “Plan of Distribution,” which begins on page 8 of this reoffer prospectus. The Selling Shareholders are responsible for all selling commissions, transfer taxes and other costs related to the offer and sale of their shares under this reoffer prospectus.
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