to take it a step furthur ittr, .....
management shareholders of DenseLight shall agree not to sell, transfer, pledge or otherwise dispose of the POET Shares for a period of six months, at which time such shareholders may each sell up to 25% of the POET Shares received by them. Management Shareholders may sell an additional 25% of the POET Shares received by them after twelve months. Thereafter, all management shareholders shall be able to sell the remaining shares after 24 months from Closing. All non-management shareholders of DenseLight shall agree not to sell, transfer, pledge or otherwise dispose of the POET Shares received by them for six months, at which time such shareholders may sell up to 25% of the POET Shares received by them. Thereafter, such non-management shareholders may sell the remaining shares after 12 months from Closing.
so, in the same NR, it suggested a closing of May 10th.....I'm not sure if that was met. If they can start selling on Oct. 28, now wouldn't that be a coincidence!? Or not!
anyways, things should become clear very soon. gl everyone, we could use some!
