Tuesday, November 14, 2017 3:24:08 PM
If the future for RCP seems as bright as some of us suspect, then almost anyone could have decided to UP their stake in PIOE/RCP. IMHO, the most likely suspect is 210 Cap LLC. They obviously have an inside track on what is going on with PIOE, and with Webb's background in the investment management business, I would guess that he has a pretty good idea what RCP2+3 is worth now and, perhaps, even more importantly what it could be worth in the future. 210 is now free to buy another (roughly) 21M shares of PIOE without being in danger of going over the critical 50% mark (which would nullify the NOL's). So 210 is my guess for who is buying up shares.
P.S. Maybe 210 will even start dumping some of their GSB shares and switch that money to PIOE! That's a happy thought isn't it. At the current price of GSB (about $4/share) they could sell all their shares and have enough money to buy up the other 25% of PIOE that they don't already own! - LOL
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