Tuesday, September 17, 2019 8:17:14 AM
My guess is that there will be two more big dumps of insider shares. 5 million at an average of $1.00 and the remaining 15 million at an average of $0.50.
If this is an orchestrated P&D, my estimate of the total haul from those 25 million shares would be:
6 million @ $1.50 = $9m
5 million @ $1.00 = $5m
14 million @$0.50 = $7m
So a total of $21m from the Ross shares, plus whatever they made trading shares they bought from the float before July 1. Also it appears they have been using that cash to P&D a few other tickers. I'm going to take a shot in the dark and say their total haul from all of the shares (Ross+purchased float+other tickers) will end up being $40m+.
Not bad for a pump and dump that was two years in the making.
Again, all of the above is just a guess. But everything on this board is at best a guess.
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