InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,722.26
(
-0.19%
)
US TECH 100
19,711.20
(
1.43%
)
Dow Jones
41,914.75
(
-0.70%
)
Brent Oil
71.67
(
-2.08%
)
Bitcoin
64,386.22
(
1.98%
)
Post# of 157300
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

coastiretired

Send PM Follow Ignore
Followers 19
Posts 1533
Boards Moderated 0
Alias Born 05/09/2006

coastiretired

Re: coastiretired post# 156944

Monday, 01/18/2016 12:32:58 PM

Monday, January 18, 2016 12:32:58 PM

Post# of 157300
So Phipps purportedly sold the GTC assets to WSGI for $600k and 30 million shares that were trading around $.15. That comes to over $5 million in value to Phipps. . .then he buys everything back for $375K. . .which is probably less than what WSGI paid to put him up in that beach condo while they were pumping the stock.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up