Red Cat Holdings Inc (RCAT)

[Orphanboy]

From another board:

"We may be about to see a huge change in the way toxic funding can be sold into the market as of Thursday this week.

This post is copied from the LI*BE board but is relevant here as we also have notes converting. After this week from now on for a quicker return its going to be - get bought out or wait a long time to sell your shares!

This guy knows someone at Alpine securities whom he then phoned and this is his write up of what his friend told him:

As of open business This Thursday ALPINE securites where almost EVERY convertible note holder has there stock will be locked up. ALPINE will "NO LONGER" as of this Thursday Accept any more stock deposits, Any stock currently Held will have a "LIMIT TO SELL OF NO MORE THEN 20% OF THE AVG DAILY VOLUME EVERY 90 DAYS. WHICH MEANS if avg daily is 7 mil they will only be able to sell 1.4 million EVERY 90 DAYS. Also BMIC will be shut down permanently and be no more.


This is the post, see his posting history too if you want to:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139896084";

Looking to verify and/or amplify. I know BMIC has killed any runs TFVR has tried. Well, except maybe, any runs into the ground!