What I can show you is Aspire was holding less tha
Post# of 72440
(Total Views: 345)
Posted On: 07/10/2018 11:40:59 PM
What I can show you is Aspire was holding less than 2.49M shares before the $7M agreement. Here’s why.
Aspire received 5.26M shares for signing the agreement. Again, I point to the lack of Schedule 13G as the key.
155M OS * 5% = 7.75M
7.75M - 5.26M = 2.49M
If Aspire was holding more than 2.49M shares before the agreement, they would’ve required to file Schedule 13G. The fact that Aspire received 47M shares since 2012 and was holding less than 2.49M shares six years later should tell you their investment strategy.
https://m.investorshangout.com/post/view?id=5115382
Base on the trading actions after the agreement, I think Aspire is holding the 5.26M shares. I hope they continue to hold until a licensing deal is announced.
Aspire received 5.26M shares for signing the agreement. Again, I point to the lack of Schedule 13G as the key.
155M OS * 5% = 7.75M
7.75M - 5.26M = 2.49M
If Aspire was holding more than 2.49M shares before the agreement, they would’ve required to file Schedule 13G. The fact that Aspire received 47M shares since 2012 and was holding less than 2.49M shares six years later should tell you their investment strategy.
https://m.investorshangout.com/post/view?id=5115382
Base on the trading actions after the agreement, I think Aspire is holding the 5.26M shares. I hope they continue to hold until a licensing deal is announced.
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