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Exactly what I thought, DxB. However,, when I rer

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Post# of 7453
(Total Views: 461)
Posted On: 12/24/2019 4:47:52 AM
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Posted By: STEEL PENNY
Re: Dragonxbreath #5331
Exactly what I thought, DxB. However,, when I reread the blog I noted the wording. The items relating to the Form 10 and S-1 are to be reviewed as they then stand.

The Form 10 is submitted to the SEC and it has 60 days to review, question and comment. So this means that if the Form 10 has previously been submitted, such questions and comments (as they may be) will be discussed at the SM. So, if the Form 10 is submitted prior to Jan 6 (actually, Jan 3) then the 60 days would have passed. If it was submitted on say, Jan 10, then 53 days would have passed and we would be brought up to date thru the 53 days.

Now, as to the S-1, the shares covered thereunder can start to be sold after the Form 10 is filed (but before the 60 day SEC review has taken place). This means that when the SM occurs we would be brought up to date as to how many of the 150MM shares being offered have been sold - is it 10 shs or 30MM or some larger number.

S'all good. We just learn more on how well Eric and Fred and the others at HHSE have been doing for we shareholders.

Merry Christmas.


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