Posted On: 04/11/2016 12:32:43 PM
Post# of 30066
Re: investorxc #23214
He is smart and no slouch. But I am pointing out that our case is weak if this smart guy has to stretch to compare our situation to one where a guy (Kahlon) is selling unregistered securities. Completely different situation.
The fact that he made the comparison shows that we are weak. Could be that the discovery process in a lawsuit uncovers some wrong doing, but for now, this smart guy is grasping at straws.
All my opinion.
As for the leak out, it is not 10% of the daily volume. It is 10% of the daily volume for each of the four signatories. So 40%.
"Each of the Preferred Holders, Note Holders and International Infusion LLC can trade no more than 10% of the daily number of shares of the common stock traded on any Trading Day without restriction."
The fact that he made the comparison shows that we are weak. Could be that the discovery process in a lawsuit uncovers some wrong doing, but for now, this smart guy is grasping at straws.
All my opinion.
As for the leak out, it is not 10% of the daily volume. It is 10% of the daily volume for each of the four signatories. So 40%.
"Each of the Preferred Holders, Note Holders and International Infusion LLC can trade no more than 10% of the daily number of shares of the common stock traded on any Trading Day without restriction."
Quote:
John Snyder went to Harvard and was named one of the top "40 litigators under 40" in New York, so he is no slouch.
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