Clarification on Recent Private Sale of Series C Preferred stock 1xbet login

February 2, 2017

By Andy Marsh, President & CEO

There seems to be confusion about a transaction that occurred earlier this week.  An affiliate of one of our board members purchased approximately half of Air Liquide’s remaining stake in the Series C Preferred stock.  This was done at the market price of about .18 per common share equivalent on the day of the transaction.

The math:  2,620 preferred shares purchased at ,256.81/preferred share equals total transaction value of ,292,842.20.  The 2,620 preferred shares convert into 2,782,075 common shares, resulting in the equivalent of .18 per common share price.

This was completed as a private transaction between shareholders, which includes a six month period where the shares cannot be resold.  It highlights the commitment to the long term growth and value of Plug 1xbet login.