Friday, August 08, 2014 11:49:48 AM
I was thinking just as others have speculated, that the company needed financing for the mass production of 5HH as well as Relaxapro and any other products that they are trying to get out before the end of the year.
I thought that Chris may have dipped into the Authorized shares and sold them to a retailer who inturn sold them on the open market...hence the dilution by WDCO...Of course adding to the number of Issued/Outstanding...but in turn raising money for the company...may have been something "UN-Authorized" by the CEO, and hence his departure from the company.
Again...pure speculation on my part.
But from the Emails, Manny has confirmed that he is gone, and probably with a hefty severance package...and Manny has confirmed that new executives are being added to the company...I wouldn't be surprised to see Kush Owners taking a position as well....probably with a Share purchase and/or promise. For they too know how Big 5HH is going to be, and want as big of a Piece of the Pie as possible!
Again, speculation on my part, but I believe that WDCO was due to a poor financing deal where the Shares were not Restricted as part of the financing deal.
In My Own Personal Opinion Of Course!
Long ANAS!
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM