Friday, December 01, 2017 9:48:00 AM
I understood that Mr. B Retired a very large portion of his personal shares paid to him as part of an agreement for his services.
Isn't that a bit unusual? It would seem to me that most CEO's would cash in on that to get the money, not retire the opportunity.
Next, Did I missunderstand in the CC that there may be dilution coming, (I take this in context what he was speaking on at the time)
That this came about due to developments that came to past after the share retirement announcement? In light of his CC I understood that dilution may be needed to to finance a possible investment in a MMJ company and or adding on more production lines for the app due to possible large demand from the Dubai meeting? If I'm not missunderstanding these things, Would this not be a good thing for the company?
Still learning so any help is appreciated. ONCI
Recent ONCI News
- Form SEC STAFF ACTION - SEC Staff Action: ORDER • Edgar (US Regulatory) • 10/17/2023 06:00:03 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM