Thursday, August 10, 2017 5:29:11 PM
The CEO is intentionally driving down the share price. Sold his sister's shares, posts form 4s quicker than necessary. He is doing everything he can to drive it down. (he is raising a little needed cash along the way) Then over the last 2 days somebody steps up and starts buying in large blocks all below 10 cents. $22k in a single buy is not a hobby trader. This continues until the stranger has a huge accumulation of GRWC shares.
Then the stranger sets up a line of credit for the company which eliminates their capital squeeze and enables then to go forth with their lofty expansion plans. The stock pops in a huge fashion enabling the kind stranger to make a killing on his shares. He forgives some or all of the debt and the stock pops again.
Everybody wins.
Or the buyer is just MMs covering their short position down here.
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