Tuesday, March 21, 2017 12:39:30 PM
We do know Yo Adrian shelled out 450M shares to Redchit and that would only cover about half of the fee due to discount. What is more concerning is the shares that Mel and Marks got last year that are now free trading. That was a pile of shares that hit the market. And who says Mel and Marks are out of the picture? Note how the annual report says no action had been taken in 2016? We are in 2017 and you can bet Mel and Marks are selling whenever they can. That totals to just under 3B shares for Mel and Marks.
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