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Posted On: 01/26/2019 3:42:02 PM
Post# of 72436
As expected the MFO did NOT file Schedule 13G last year. According to the 8-K on 11/12/2018, 600 preferred shares were converted (1400 shares outstanding) and total OS was increased by ~7.6M. In comparison, Aruda had ~6.3M shares when he filed 13G. Total OS was increased to ~176M which means the MFO has converted more shares. We should find out how much more in the next 10-Q.
https://www.sec.gov/Archives/edgar/data/13552...pix_8k.htm
https://www.sec.gov/Archives/edgar/data/13552...pix_8k.htm
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