InvestorsHub Logo
Followers 2
Posts 645
Boards Moderated 0
Alias Born 11/04/2016

Re: 420Hope post# 1587

Wednesday, 11/15/2017 4:21:52 PM

Wednesday, November 15, 2017 4:21:52 PM

Post# of 2523
They have someone willing to buy discounted company shares, issued from the company that are not in existence today, into the public markets for over $1.00. They can draw the lesser of 500k or a magic formula too hard to explain here based on volume and price of the stock over a certain period of time. Anyhoot, it all means that a newly minted Colorado llc will be selling shares into the market at a price higher than he paid by a good margin. Selling pressure on the stock so to speak which will dramatically increase outstanding shares and float. Basically a back door secondary offering of shares to a private party or accredited investor. The 800k is being used to play with dirt and other operational expenses.