Rocky Mountain Internet CEO registers to sells shares
This is from the Amended S-1 located at:
sec.gov
Hanson, the Rocky Mountain's CEO, registered 5,500,000 shares, and 3,950,000 warrants in the S-1. I'm not sure if the S-1 was successfully completed, so I don't know if he has sold the shares or not ... Does any one know the answer to this?
Also of interest:
"Common Stock Outstanding After this Private Placement Offering 15,747,286 shares (4)"
Note (4) reads:
"Assumes: (i) the issuance of all 2,000,000 of the Acquisition Shares in one or more mergers with or acquisitions by the Company of other businesses or assets; and (ii) the exercise of all of the Warrants, including all of the Hanson Warrants. Does not give effect to the exercise of outstanding options granted to employees or non-employee directors of the Company pursuant to various stock option plans or shares of Common Stock that can be issued pursuant to anti-dilution provisions of the Warrants and other derivative securities. See "RISK FACTORS--SHARES ELIGIBLE FOR RESALE,"
This means the company has a market capitalization of $240 million. Market Guide says the company had revenue of $6.5 million and a loss of $4.5 million. |
