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Thursday, January 08, 2015 2:42:09 AM
It goes like this. Viscount is traded on the OTCBB in US funds. On the day the transaction closed Viscount was trading just under .08 and the deal was for .08 so it seems like a fair deal.
However, the Form 4 says that the stock, which trades in US dollars, was sold to Mr. Arens in Canadian dollars. Like huh? In other words he bought the stock at about .067 US, not .08, about a 20% discount to market.
Does anyone else see this as shady or sneaky and why wouldn't they just do the discount and be candid?
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