Thursday, February 12, 2015 1:23:05 PM
for a return of $200,000.
Sales price .11/ea.
They were a mix of convertible A & B class debenture shares.
So basically he was converting some shares he was owed from the company into cash.
Obviously he either loaned the company money from before or he is paying himself a salary.
I'm not saying he didn't deserve it, but it's dilution, and
what has CGNH done for us lately ??
I've both owned and followed this company since the early days of JagNotes, and it's been over 5 years.
yak
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