Thursday, April 20, 2017 10:05:57 PM
The key here is that of the 11,684,438 shares in the float, Christopher Davies owned 10,657,217 shares (91% of the float). This whole pump&dump action is all about Davies selling his 10,657,217 shares for as much money as possible.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130667767
David Schmid is doing his part to help out with the pump&dump by putting out 5 press releases over the past month.
http://www.prnewswire.com/news-releases/lote-announces-new-ceo--first-acquisition-300426872.html
http://www.prnewswire.com/news-releases/us-government-approves-lotes-new-electric-vehicle-charging-stations-for-federal-facilities-300430334.html
http://www.prweb.com/releases/2017/04/prweb14213047.htm
http://www.prnewswire.com/news-releases/lote-expands-to-canadian-market-with-exclusive-distributor-agreement-300437909.html
http://www.prnewswire.com/news-releases/lote-targets-20mm-province-of-ontario-canada-incentives-300440823.html
It is driving me nuts that they don't mention any money received from Christopher Davies or any debt that was owed to Christopher Davies in the LOTE filings that would have led to him getting those shares. It's like they just gave the shares to Christopher Davies as part of some kind of illegal share selling scheme.
The SEC definitely should be looking at this one.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM