CNW 0.00% 6.1¢ cirrus networks holdings limited

Ann: App 3B - release of securities from escrow, page-16

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  1. 516 Posts.
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    These shares are already owned by the original Cirrus Vendors, they have been escrowed for 2 years and are now coming out of escrow, so no change in shares issued.
    We will have to wait till the quarterly later this month to get any increase in share price, should react to revenue of $22m in the final quarter compared to $ 28 million total in the three quarters so far this year and $7.5m in the final quarter last year.
 
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