InvestorsHub Logo
Followers 55
Posts 1759
Boards Moderated 0
Alias Born 12/19/2009

Re: InfoAssistant post# 36152

Friday, 01/11/2019 11:23:54 PM

Friday, January 11, 2019 11:23:54 PM

Post# of 41311
TheSittingtight1 Friday, 01/11/19 10:08:42 PM
Re: Smilin_B post# 36145 0
Post #
36147
of 36152
Some one definitely attacked this company with around 85m+ shares just before noon yesterday. I believe the price at the time was around .0017 down to .0013. I can look later for the exact time.

Would not surprise me if it was nite and cdel. They where on the bid all day with 10m@.0012 10@.0011 and finally 10m@.001 just before company put out share structure information.

One thing the company should consider looking into is if one or two large shareholders (5%/10% or more) did not file a form 13D in a timely manner. 20.5m/41m respectfully

What is the Schedule 13D
Schedule 13D is a form that must be filed with the SEC under Rule 13D. The form is required when a person or group acquires more than 5% of any class of a company's shares. This information must be disclosed within 10 days of the transaction. Rule 13D requires the beneficial owner to also disclose any other person, who has voting power or the power to sell the security.

Schedule 13D is known as the beneficial ownership report.

https://www.investopedia.com/terms/s/schedule13d.asp

Just a thought..
ST