Post by
Stooge on Jan 10, 2011 12:54pm
More Shares on Market
Am I correct in assuming that the private placement shares from the deal made last September will become free trading this week? There were 12,938,000 at .07 and .05 per unit .... and then there are 12,938,000 warrants to buy 12,938,000 shares at .10.
Will this affect the market or generate come corporate event?
Comment by
pol1111 on Jan 10, 2011 5:36pm
The securities issued pursuant to the offering are not subject to a 4 month and one (1) day statutory hold period .