Galaxy Next Generation Inc (GAXYQ): So basically for the acquisition of Inte...

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Thursday, 09/05/2019 6:35:20 PM

Thursday, September 05, 2019 6:35:20 PM

So basically for the acquisition of Interlock Concepts $GAXY paid 3 million over 2 years and 1350000 shares.

.45 cents a share X 3 million = 1350000

Interlock Concepts got paid those shares immediately on the 4th (wednesday) and the news caused the stock to spike a little on more volume than it has the past few days than the past year.

You better believe that many of those shares that $GAXY paid for the acquisition, according to the 8k are going to be dumped by the insiders in the following couple of weeks or so. driving this stock to below 1 for sure. Be careful out there longs.

8k filed 9/4:
https://www.sec.gov/Archives/edgar/data/1127993/000109181819000217/gaxy09052019form8k.htm

Also, someone mentioned a Smallcapvoice.com article here. Smallcapvoice.com was paid $3500 to promote $GAXY on May 7, 2019. Smallcapvoice.com is a pumper.

“DON’T BECOME AN INVOLUNTARY INVESTOR BY HOLDING ONTO STOCKS WHOSE PRICE HAS FALLEN”
-- Jesse Livermore
Boy Plunger: The Man Who Sold America Short in 1929

*check profile for latest short positions