So D.Y. let me try to understand as it relates to MYDX.
On August 31 Union Capital signed by:Yakov D Borenstein, who entered an agreement for a note and then upon due filed schedule 13 G, for 2,596,429 of $MYDX shares,,,, which was 9.9 % of the MYDX shares.
Is the 9.9 % always what is transacted or is that an arbitrary number?
Union capital most always list a different address is this by coincidence?
So,In the above transaction,and other notes with other pinky companies were 13G were filed by Union capital, the stocks prices are seeming cut in ½.
So my question is how does Union capital benefit with a lower stock price?
I’m having a hard time grasping this and while most of these transactions cut the stock price in ½ , most seem to recover there share price prior to the 13G filing.
Seems like there is a buy and sell transaction associated with these notes.
Thanks if you can help me understand this puzzle!