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Message: Re: Whoa!
1
Aug 09, 2023 09:59AM
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Aug 09, 2023 11:58AM
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Aug 09, 2023 01:39PM

Aug 10, 2023 08:42AM

Aug 10, 2023 09:30AM

Aug 10, 2023 03:12PM

The 13D seems to state that, from 3/8/2011 to 3/17/2023, BG converted something (?? warrants received in private placements, maybe ??) into 1,782,203 shares of common stock.

The annual report, as of 1/31/2023, shows BG had 2,643,413 shares.

Interestingly enough, the 13D is filed when someone acquires a 5% ownership in a company (or in this case maybe an additional 5% ownership?), and is supposed to be filed within ten days of the event.  If 3/17 is when the 'event' happened, then Gross is grossly late in filing the 13D.  Not that he cares if it was filed late - the SEC probably doesn't care either.

The 10-K (annual) shows shares owned by management, but I didn't see it in the latest 10-Q (quarterly).  I would estimate that currently BG and PO own about 25% of the company.

 

 

1
Aug 13, 2023 01:15PM

Aug 13, 2023 07:10PM
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