InvestorsHub Logo
Followers 35
Posts 5065
Boards Moderated 0
Alias Born 05/15/2014

Re: iambadbert post# 37652

Thursday, 09/11/2014 9:20:16 AM

Thursday, September 11, 2014 9:20:16 AM

Post# of 96528
Well considering they invested in Cyber pre-merger (2012) and agreed to accept stock because the company couldn't pay them back, any investor is entitled to receive a better return on equity then cash.

Throw on top of that the fact they had to wait another yr for the restriction to be removed a short term investment turned into 2 yrs....Now they only received 5,373,313 (look in the filings) shares the volume in the market has far exceeded this, and that's assuming they sold all their shares.

The only insider/affiliate able to sell is Clarke (and his affiliate status ends in 77 days so all reference to Clarke can be removed then)and according to OTCMarkets he can sell 1% or 1.47 million shares (see the last filing for the # outstanding.

The reference to an ATM would suggest unlimited shares to the people you have referenced when in fact they have limited shares and everyone has known for awhile.