Replies to post #96076 on TheDirectory.com Inc (SEEK)

[tommyedwards]

Updated: The only known group to receive shares of recent is TCA Global for the credit facility. According to a conference call last October 2013, as part of the $6 million line of credit deal for SEEK. SG mentioned that the issued shares were restricted for six months and were to be provided to TCA Global in Jan 2014, with an assumed expiration in July 2014. If true, this would also explain the reasoning for the increased authorized share structure.