OTCPK:FRSAF - Post by User
Post by
harry_reeleon May 01, 2011 1:13pm
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Post# 18514323
Free Traders keeping the sp down since Mar.19
Free Traders keeping the sp down since Mar.19
first tranche ; 12,883,083 units at a price of
.45 per-
All of the Common shares issued pursuant to this closing carry a legendrestricting them from trading until March 19, 2011.
second tranche ; 2,783,411 units at a price of
.45 per-
All of the Common shares issued pursuant to this closing carry a legendrestricting them from trading until April 8, 2011.
thirdand final tranche ; 3,128,514 units at a price of
.45 per-
In compliance with the TSX Venture Exchange and Canadian securitieslaws, all of the securities issued in connection with the closing of thethird tranche carry a legend restricting them from trading until May 1,2011.
Could see half of those last 3 million dumped on the open market next week as can be expected where as many as three tranche placements have been done and where a multiple of players in at a variety of different share counts are involved.