OTCQX:FRNKF - Post by User
Comment by
lscfaon Aug 07, 2016 10:18am
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Post# 25117546
RE:lockup ending
RE:lockup endingYou sound like a basher....all those share are held by 3 strategic investors so I doubt a single share will be for sale......
Gannaway Entertainment, Inc., Raycom Media Inc., Liberty TV Group, LLC wealth2015 wrote: "...All of the securities composing the stock consideration will also be subject to a lock-up agreement. The lock-up period with respect to securities representing 50 per cent of the value of the stock consideration will expire upon the first anniversary of the closing date of the transaction; and the lock-up period with respect to the remainder of the stock consideration will expire upon the second anniversary of closing of the transaction...."
we'll see soon if they are selling at big discount to share value assigned year ago