Friday, February 01, 2019 9:34:25 PM
The shares, which are being made available for sale, are the shares that were bought from Mr. Sealfon and Dr. Baker as part of a private placement in 12/2018. The share price was $1.20
The sellers did not buy the stock to flip it a few months later at a 25 cent gain. I see the security registration is a confirmation that sellers bought the stock believing the company will be sold. This securities registration will allow the share owners to sell and is not a declaration of their intent to sell.
https://ih.advfn.com/stock-market/USOTC/repro-med-systems-inc-qx-REPR/stock-news/79173168/securities-registration-statement-s-1
https://finance.yahoo.com/news/rms-medical-products-announces-private-130000282.html
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