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Forbes Energy Services Ltd. Message Board

  • jimi4158 jimi4158 Feb 18, 2013 8:50 PM Flag

    west face capital

    i will admit that 13g's and 13d's are confusing to me with the exercise of options and restricted shares, but the way i read the latest filing dated 2/14 by west face capital, it seems that they just converted and now hold 19.9% of common. according to the 13g they can not own 20% or more of the outstanding. if i am misreading this, anyone with better knowledge about these filings please comment.

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