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Posted On: 05/02/2018 4:37:56 PM
Post# of 72445
Copyright violation?
Loanranger wrote a long essay talking about IPIX's market cap dropped below $75 million.
Loanranger wrote a long essay talking about IPIX's market cap dropped below $75 million.
Quote:
As I understand it, that says that as long as the market cap as described is less than $75M the company cannot issue shares in excess of 1/3 of that market cap in a 12 month period to Aspire or anyone else.
I did not see where the company raised this issue in the latest 10-Q. The relevant facts are:
How many shares are held by non-affilates?
What is one third of the market value of those shares?
What is the market value of all the shares "sold by or on behalf of" IPIX in the last 12 months.
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