That means they have to have the stock price over $30 a share to get out of the company with a profit.
The V.C. are NORWEST EQUITY PARTNERS VIII, LP and ABS PARTNERS IV LLC. I rather bet with them; then against them. I sure they are hungry to get their dough on this IPO. They were suppose to be cashed out in the secondary offering that never took place because of the drop in stock price.
I look at June for it to go over $30 again! I sell at $35