RE:Duck...Kahonies wrote: Excellent post bud.
Thanks Kahonies....Just to clarify my math. VGD "undiluted" shares are about 80 million, but "diluted" shares are about 102 million. See VGD's own website. According to Goodman & Company filing on sedar: (((( Goodman & Company, on behalf of the portfolios of investment funds and client accounts managed by it, exercises control or direction over 14,062,500 common shares and 6,250,000 common share purchase warrants of Visible. This represents an approximate 17.57% interest on an undiluted basis, or an approximate 23.54% interest on a partially diluted basis, assuming the conversion of the purchase warrants into common shares, as at November 30, 2014.)))) So, Goodman & Co. held 14,062,500 shares as of Nov. 30, 2014. Presuming they sold off 1,900,000 shares, they would hold 12,162,500 shares. Presuming also they exercised 6,250,000 warrants, they would add to & aggregate 19,412,500 shares which are just below 20% of the total "diluted" 102,000,000 shares. Hope that helps with the math.