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Re: DrContango post# 2574

Monday, 07/10/2017 1:13:45 PM

Monday, July 10, 2017 1:13:45 PM

Post# of 2624
From my understanding there was another larger group of people from California who also bought stock directly from schramm for .30/share with a 6 month lockup period. From reviewing XLIT's SEC filings it does not appear that schramm ever disclosed these private sales to the SEC as required. This group from California sent schramm much more than $5-10K with some investing in the $50K area. These are the people who are the most pissed off as many were supposed close friends of schramms.

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