>>> So, my question is, in which column (Shares of Common Stock Owned Prior to Offering, or Shares of Common Stock Being Offered) would the following share amounts appear if there was no 5.0% rule as stated below, and what affect (if any) does that have on the number of shares that will ultimately be outstanding? <<<
I believe they would appear in the "Shares of Common Stock Owned Prior to Offering" column, and I do not believe it has any impact on shares outstanding. The "Shares of Common Stock Being Offered" column numbers would likely increase as a result.
>>> Is this saying.... At this time, these companies only own 5,078,853 shares, because that is all we could legally give them. However, as they sell those shares we will give them more shares? <<<
I don't believe so. I think it is more like "when they sell those shares, they'll then be able to sell more of what they already own." Follow?
Regards - Dale |
