Tuesday, October 13, 2015 5:35:12 PM
10/13/2015:Nutranomics O/S 481,780,758 A/S = 750,000,000
10/9/2015: Nutranomics O/S 462,314,091 A/S = 750,000,000
If you look at all of the transaction dates in today's 8-K, you can see that all of the shares HAD already been issued and accounted for in the latest OS update from the TA today.
If you look at the volume history, you can see that the run up started on 10/2/2015. Prior to 10/2, there were under 60 followers. As of today 10/13, there are 157 followers.
If you look further into today's 8-K, you can see that the holders converted shares 4 out of 5 days last week between 10/5 thru 10/8.
The questions I have are why did the holders stop converting on 10/9 and 10/12 and what is the need for the new CEO to issue an 8-K today to report all of the transactions in the past?
I think the new CEO has an alternative method to stop holders from converting and cleans up old stuff by releasing the 8-K today before releasing his shareholders update this week.
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