InvestorsHub Logo
Followers 10
Posts 1358
Boards Moderated 0
Alias Born 12/03/2015

Re: Spider Web post# 2977

Tuesday, 11/08/2016 1:47:31 PM

Tuesday, November 08, 2016 1:47:31 PM

Post# of 4221
More Insider Selling And Dilution


As previously posted :

On Oct 18 a Form-4 was released stating that on
Oct 14, 2016 - Maxwell Pte Ltd - Sold 2,300,000 Shares

And now this is new :
On Nov 7 a Form-4 is released stating that on
Nov 3, 2016 - Maxwell Pte Ltd - Sold 2,611,233 Shares

That's about 5,000,000 additional shares that were sold
and diluted into the Float in just the past couple weeks.


And On Nov 3 an additional 35K more shares of dilution
through a restricted stock award via the employment
stock plan. Which are not purchased on the open market.


So What's Up ?
I see all of this cut-n-pasting about things that have nothing
to do with the company, but yet... somehow this is missed ?

JMO

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.