To break it down for everyone the following have 3
Post# of 22465
(Total Views: 459)
Posted On: 02/22/2017 7:52:59 AM
To break it down for everyone the following have 30% ownership with their options. If GTG or an investor related to them is investing 10%, outside of profit opportunity, I don't see how they can argue that it won't be utilized for control. 10% could easily be enough with another 10% of investors to vote on a proxy. This drives them to a 13D within 10 days of the date that they exceed 5%. Given the volume over the past week, they should be approaching 5% or just surpassed it.
(Note numbers taken from 10K and Pre 14A)
____________________Stock________options
Stephen Squires_____20,403,301___18,068,750
Steven Posner Trust__19,727,941
W. C. Carson________27,839,500
David Doderer_______10,512,803___10,031,250
Total_______________78,483,545___28,100,000
Percentage___________22.42%______8.03%
Sri and Craig have another combined 6%.
(Note numbers taken from 10K and Pre 14A)
____________________Stock________options
Stephen Squires_____20,403,301___18,068,750
Steven Posner Trust__19,727,941
W. C. Carson________27,839,500
David Doderer_______10,512,803___10,031,250
Total_______________78,483,545___28,100,000
Percentage___________22.42%______8.03%
Sri and Craig have another combined 6%.
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