Friday, November 28, 2014 11:21:28 AM
The company then has had to put those loans in the book, it is the way it works.
Alternatively - Lenny could have sold his shares - taken the money in his own pockets and lend LKEN cash money - but I am sure there would be profit-taxes and extra bureaucracy doing it that way, and it would not be as transparent.
what it basically means on the bottom line - Lenny has over time sold 2 million dollars worth of stock through the company, which the company has been using for whatever purpose they have had over the years past.
Is that not right?
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM