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Re: chemist72 post# 39686

Tuesday, 06/19/2018 3:51:16 PM

Tuesday, June 19, 2018 3:51:16 PM

Post# of 45833
This basically means Fife cannot own more than 9.99% of SIGO shares at any one time. So how does that work? Right now, say the number of outstanding shares of SIGO is roughly 5.8M. So to have 10% ownership, SIGO could not give Fife more than 640,000 shares approximately. So then Fife sells those shares into the market and there are now about 6.4M shares of SIGO outstanding. Now Fife can receive about 710,000 shares to have his maximum 10% ownership. He then sells those shares and the cycle keeps repeating until Fife has unloaded all his "Ownership Limitation Shares". The calculations in this example are only approximate. If the time comes when Fife starts redeeming SIGO shares, I can do a more precise calculation based on the current outstanding share count.

He will do that in one day and reload the next.

DD has been done as to how Fife and other toxic lenders operate. So if they get the shares in the AM and dump them, they never own more than 10% as it is all done in one day.

There has been some great DD here to show how it works. If I have time I will try and find the post.

https://investorshub.advfn.com/DD-Support-Board-and-Fraud-Research-Team-19670/