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Re: railrider post# 1019

Tuesday, 03/12/2019 8:37:34 PM

Tuesday, March 12, 2019 8:37:34 PM

Post# of 21347
Here is my summary of the situation at this time.

I believe the Board members own the right to the warrants that are coming up to be exercised. I tried to look back in past filings but couldn't find it so maybe some of our other stock posters here can find it.

So my belief is by the recent filings is the insiders have been selling the stock at the current levels to buy back the warrants/stock options that need to be exercised soon. They sell the stock at this higher price level and then turn around buying the warrants/stock options at the lower levels in the warrant/stock option price and pocket the difference. Then they don't have to shell out the cash of their own pockets to make the purchases.

They are definitely buyers around due the daily volume but why would you drive it up before the warrant/stock option date takes effect? It would make sense to do that if you were a buyer this way you can buy more shares cheaper and keep it around the current price level.

This is just my opinion. I believe this stock is a homerun and while frustrating, it will pay off in a huge way in the not to distant future.

Good luck to all.
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  • 1Y
  • 5Y
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