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Re: The Whale post# 45504

Thursday, 10/11/2018 2:56:54 PM

Thursday, October 11, 2018 2:56:54 PM

Post# of 186029
I dont think they are buying them back now. The volume is too low. I believe they can set a price to buy back X number at .0023 and make an announcement when it takes place based on the share price at the time of the closing date... holding back news could be causing the price to drop to give them a better execute price. The brilliant part would be delaying as much as possible to buy back the shares at .0025 instead of .0055. paying fines for late financials to shakes investors confidence but saves the company millions in the long run. The investors who hold tight could be rewarded greatly. The investors who sold will chase to get back in when the news drops... I'm also curious if the BOD members have added to their share count. How long do they have to disclose insider holdings information after purchasing additional shares? I also believe they need to disclose if one single person has 10% of shares such as third party financing or retail. So if someone was investing about 300k or more we would see a filing stating 10% ownership. The buying and selling has dried up for the most part. It seems like everyone that wants shares is holding tight. No new investor are rushing in. Anyone selling is just trying to free up money for something that is activity running. I think they see the volume decreasing and will announce something soon regarding financing and the financing company buying X number of shares at .00X price. IMO