Inside ownership before dealDoes anyone know the degree of inside ownership before the recent deal? One reason the dilution does not bother me (others are the shares paid for a business with real revenues, smart people etc) is that the new owners become insiders with a stake in the future. Those shares will not be flipped
I googled it but no luck and CEO's SEDI screen shows Keith and Leigh Fredericks and some other employees and directors....say 8 to 10million shares....but I expect there may be more concentration
Of them all, I would think Leigh would sell as he is a merchant banker...but the rest may hold
Bottom line is I am trying to determine what the trading float may look like.