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Thursday, April 12, 2018 3:00:34 PM
Hes aware of the high volume and they looked into it. The vast majority of the selling was from a previous held position via the 3a10. Apparently the company that did the 3a10 was holding sahres because they believed the pric was going to go up in the next 90 days (I find this number interesting-what do they know that would cause them to hold getting rid of hares?). That all changed yesterday after the Alpine call because they are being forced to liquidate all their sub-penny shares. He said the number of shares sold because of the 3a10 held shares was under 40M shares. The rest (40M or so are from other broker dealers that were forced to liquidate sub penny shares as well.
He said there have been NO NEW 3a10 or conversions! The company has issued NO shares in the past 30 days!
Something else I found interesting, I am literally the ONLY one who has called him on this issue in the past 2 days! That means that everyone here complaining and accusing has not so much as called the company to ask what is going on! When is this board going to start working together instead of letting flippers and shorters make the loudest noise? Facts = good decisions. Due the DD and stop being lazy
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