May. 14 at 6:04 PM
$VS Paul Feller's company, Aspis Cyber, officially takes over VS voting control today, with a 57.2% stake after floating it
$1.7M dollars in order to meet the Nasdaq shareholder equity requirement. This will be the 2nd time they have done this.
Aspis will add 1,513,128 new shares at
$1.1235 per share for
$1.7 million.
VS' outstanding share count will rise to 6,413,128.
Aspis will now own 3,668,300 shares of VS
The 1st time Aspis did this they bought 2,155,172 shares for
$1.16
The 2nd time, today, they will buy 1,513,128 sages for
$1.12
So now, Aspis will own 3,668,300 shares at a average price of
$1.145 per share.
Paul Feller's other company, CECG owns 990K shares at a price of
$2.588.
This gives PF's CECG 15.44% of the VS.
In all, Paul Feller is now in control of 72.64% of the O/S. And through his other company iCaro Media, he controls VS management and BOD.
That leaves just 1,754,828 shares to be traded by the rest of the market.
This will move fast any p&d starts.
