Post by
wealth2015 on Aug 07, 2016 9:49am
lockup ending
"...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
Comment by
Joe454 on Aug 07, 2016 9:58am
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Comment by
lscfa on Aug 07, 2016 10:18am
You 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
Comment by
lscfa on Aug 07, 2016 10:55am
p.s. The strategic shareholders also own the $15 mil US notes....more likely they convert the notes to shares at current stock price for a big average down in their total holdings.....
Comment by
Joe454 on Aug 07, 2016 11:28am
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Comment by
Joe454 on Aug 07, 2016 1:09pm
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