InvestorsHub Logo
Followers 16
Posts 1413
Boards Moderated 0
Alias Born 11/12/2013

Re: WarMachine post# 19783

Friday, 04/13/2018 5:43:32 PM

Friday, April 13, 2018 5:43:32 PM

Post# of 35411
I'm talking about Rule 144, regarding selling securities. You're saying that the company is dumping shares, yet Rule 144 (in a nutshell) says that the company or anyone affiliated with the company CANNOT sell shares unless they are current with their filings.

Logic tells me that it must be a non-affiliated entity that is selling, not the company. Toxic noteholders are non-affiliated. Toxic noteholders are not the company. Also, there have been no t-trades today, and BMIC was nowhere to be found.

The dilution seems to have halted on a day that new dilution restrictions were placed on Alpine Securities. Alpine is a top OTC toxic noteholder. Alpine also uses MMs like BMIC in order to dilute. Do you not agree that this dilution could possibly be coming from toxic notes and not the company?

http://www.dailyreportingsuite.com/securities/news/SRD20180402