Tuesday, February 14, 2017 10:01:50 AM
"The aggregate purchase price for the Purchased Assets is $1,000,000..."
If Kyle and family have a stock selling for around two cents per share, why would they be selling out for what looks like barely half of that based upon 90 million outstanding shares? The insiders own about 40% of the outstanding shares, so there's a lot of incentive to negotiate a good deal.
The proxy material is really going to be interesting. Meanwhile, sales growth just flatlined from half-year to half-year, which seems to suggest that management was devoting their energies to the $25,000 consulting agreement with PLY rather than to running the existing business.
Somewhere, somehow there's something I/we have missed along the way during these six weeks from December 30. Cerp, for those who may remember him, got the last laugh after all.
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management • Oct 15, 2024 8:21 AM
Kona Gold Beverages, Inc. Announces Strategic Progress and Corporate Evolution • KGKG • Oct 15, 2024 9:00 AM
One World Products Secures First Order for Hemp-Based Reusable Containers, Pioneers Renewable Materials for the Automotive Industry • OWPC • Oct 15, 2024 8:35 AM
CBD Life Sciences, Inc. Announces Strategic MOU with U.S. Armed Forces for Groundbreaking Mushroom Supplement • CBDL • Oct 15, 2024 8:00 AM
HealthLynked Files Non-Provisional Patent for AI-Powered Healthcare Assistant, ARi • HLYK • Oct 15, 2024 8:00 AM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM