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Re: Mt bigsky post# 156143

Sunday, 03/22/2015 10:48:52 AM

Sunday, March 22, 2015 10:48:52 AM

Post# of 157299
TRKK has been holding above $2 currently $2.30.

Seeing that the insiders of TRKK issued themselves a bunch of shares in a private placement at $.05, I don't expect the share price to stay at $2.00. The insiders sold themselves a bunch of "units" for $2.00. Each "unit" consisted of 40 shares.

With the lack of trade activity, I question whether the ticker is actually trading in the retail market yet.

"In connection with the closing of the Share Exchange, the Company sold 550,000 units of its securities at a price of $2.00 per unit, resulting in gross proceeds to the Company of $1,100,000. Each unit consisted of either (i) 40 shares of common stock or (ii) 4 shares of the Company's Series C Convertible Preferred Stock, with each share of preferred stock convertible into 10 shares of common stock."

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