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Re: dingocub post# 6473

Friday, 05/25/2018 3:29:04 PM

Friday, May 25, 2018 3:29:04 PM

Post# of 7538
oh yes and $1.7 monthly burn rate........less than 4 months of cash left. Des and Angela have raised less than 20k since the company's inception and have never put up a single cent of their own money. What's more, Des has traded on the inside, whilst having knowledge of an impending $3/share, $11 Mill financing. But wait, there is more: Des sold all of his free trading shares, exercised and sold all of his options as quiuckly as these became released from escrow and has taken over $3 Mill over the table, or nearly twice as much as Penny has. Unlike Des, Penny has made over $1.9 Mill open market purchases, and cut a cq for $500k to participate in the $3 financing. Penny is solely responsible for having raised close to $35 Mill since Glance's inception.

The rogue directors are much better, with all of them exercising every option available and promptly selling these right away. These three hapless directors have less than $25k of paid for stock. Brutal. All of these three old white guys also made several $100k's by selling.