Jun 4th 2011, 05:47 MLS MiLOS Designs
by firstdesigns Milos
MiLOS Designs (MLS) To create a more liquid environmentDear Stakeholders,
I have recently placed a sell order of 194,510 shares @ L$3.00 per share onto the market. I am doing this in light of Skip's recent involvement to Capex. I would like to contribute more to the stock exchange and feel that my current holding of just under 85% is too much. Therefore I am looking to sell 194,510 shares reducing my holding to 75%.
This will increase liquidity and also make the stock exchange a little bit more fun for everyone.
Regarding the share price that I am proposing to sell the shares at, if anyone is interested in purchasing shares then feel free to at the price and if not then that is not a problem.
The sale of these shares will also mean that more of the monthly dividends will go to non-majority shareholders.
If you have any questions then please feel free to email email@example.com
Chief Executive Officer - MiLOS Designs