RE:RE:RE:RE:Escrowed sharesTuco110 wrote: Maxmoe wrote: Okay, thank you old f*rt and good luck with your warrants. Looks to me like the 103 million shares are post consolidation at $3.40 post. That's a huge wall of stock. Even after reading policy 5.4 I am not sure what the schedule is for release of those shares. 17 pages of jibber jabber. Written by weasel lawyers to create billable hours for other lawyers. Maybe spread over 18 months, maybe 36 months.
I'm pretty sure all those shares went to CNOR who were the 100% owners of Pipestone Oil and are now the 55% owners of PIPE. I don't think they plan on selling any shares.
I am pretty sure you are correct, Tuco.
I really wish people wouldn't post nonsense in some lame attempt to bash the stock.