RE:What % of Grafoid does FMS now own?Water Dog
For me at least I have to wait for either a direct statement from Grafoid or FMS as to the percentage owned by Focus or a statement by Grafoid as to total shares outstanding. If we have that we can back into the percentage ownership of FMS.
But the number will be approximate since other things willl also probably have transpired.
But yes the percentage of ownership has increased to above 15% As an example if Grafoid had 100,000,000 shares outstanding after converion or exercise of options etc and FMS had a 15% interest then upon receipt of the 3,000,000 shares FMS would have 18%
THIS WAS AN EXAMPLE ONLY. The correct percentage depends on the correct information about fully diluted outstanding shares.