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Friday, November 22, 2019 11:15:59 AM
He has alot of tickers and has to make money somehow i would think
His controlling shares, the 1.1 billion are sold to the company merging in... he owns them and he can sell them thru what many may know as a Private Placement...they pay him and he signs the shares over to them... the shares do not come off the books they just have a new owner, the owners who want to take over the shell do that so they have controlling intereest and no one can buy shares on the open market and gain control while they get the merger completed...he does that with all of his merger stocks...thats how he makes money up front... his 122,000,000 shares are his from the company...those were restricted shares when he was first awarded them... but they are most likely now converted to commons.
He will sell what he wants on the run up...he is not selling at this level for chump change... he did not get to where he is by jumping for joy over $50,000.00... having to sell 3 or 4 times as any shares for that amount as he will have to sell when this is high copper and then silver...
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