Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

Yes, they'd have to file with the SEC when they get up to 5% ownership, but I believe that in that filing they could in that filing state their intentions (including buying shares at less than the price per share they are paying for the net assets). In other words, I don't believe that the 8K filing would constrain their increased ownership beyond the 5%.

I have some nagging feeling that we're all somehow missing something here. If the three large shareholders were not selling out when the Spring 2014 pump and dump was taking place, then it's a bit of a stretch to believe that they've lost their ethics at this late time. These large stockholders are selling their stock at a price that doesn't reflect any of their intellectual efforts in creating their products and doesn't reflect the value of the brand itself (which would include the intrinsic value of the management that they bring to the company and its brand).

One could argue - and it has been argued on this board - that they're going to get compensation from PLY which will be more than the equivalent of what they could have gotten for their stock, but why would these guys take regular income over capital gains?

Again, there's a lot that I can't figure out (and thanks to Knife for the recent infusion of kind words towards me).