Tuesday, August 15, 2017 9:35:44 AM
By the way, it is not true that it was one fund selling and they were (are) liquidating. Cisco sold all their shares and they aren't liquidating. Benchmark Capital Partners (BCPI) has steadily been sellers since last year and they aren't liquidating. Israel Seed Partners was supposedly liquidating, but we haven't seen a Form 4 from them for awhile. Blows that theory.
The fact remains that there was a paid promotion that took it from a little over a buck to over 4 dollars for no reason. Then they cashed-out with another horrible preferred share deal that gives up most of the potential Blue Coat 1 payout (which isn't guaranteed). Then they diluted another 4M shares. Don't forget the preferred shares deal has over 2M warrants, also! All this from a company that said they would be stingy with shares.
This will retrace to under $2. Inexcusable to not set a stop even if it is a mental one and give up all profits on a highly-manipulated microcap with all these red flags including huge selling by the institutions. How is that ostrich method working for you?
Coinllectibles' Subsidiary, Grand Town Development Limited, Acquires Rare Song Dynasty Ceramics Worth Over USD28million • COSG • Apr 18, 2024 8:03 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • GCTK • Apr 17, 2024 8:00 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM