InvestorsHub Logo
Followers 20
Posts 1533
Boards Moderated 0
Alias Born 05/09/2006

Re: coastiretired post# 156944

Monday, 01/18/2016 12:32:58 PM

Monday, January 18, 2016 12:32:58 PM

Post# of 157299
So Phipps purportedly sold the GTC assets to WSGI for $600k and 30 million shares that were trading around $.15. That comes to over $5 million in value to Phipps. . .then he buys everything back for $375K. . .which is probably less than what WSGI paid to put him up in that beach condo while they were pumping the stock.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.