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Thursday, February 13, 2020 9:32:50 PM
$GLTC - DD thoughts
On January 31, 2020, billionaire Warren Mosler became CEO, Chairman of the Board, and everything else for GLTC.
The previous CEO, Michael Reger, agreed to the assets of the company to be transferred to himself for $7 million in debt relief, and possibly outstanding shares.
But why? Mosler stated "Reger" will no longer be control person of GLTC, but be involved "Only as a shareholder".
Another connection between Molser (as control person) and Reger (as shareholder) must be what is happening.
Where is Michael Reger only a shareholder of a Molser company already?
In fact, the is exactly what was found: Michael Reger is a shareholder of III Capital Management which was founded by Warren Mosler and Clifford Viner, and manage over $5.8 billion in capital.
Things that make you go Hummmmmm
On January 31, 2020, billionaire Warren Mosler became CEO, Chairman of the Board, and everything else for GLTC.
The previous CEO, Michael Reger, agreed to the assets of the company to be transferred to himself for $7 million in debt relief, and possibly outstanding shares.
But why? Mosler stated "Reger" will no longer be control person of GLTC, but be involved "Only as a shareholder".
Another connection between Molser (as control person) and Reger (as shareholder) must be what is happening.
Where is Michael Reger only a shareholder of a Molser company already?
In fact, the is exactly what was found: Michael Reger is a shareholder of III Capital Management which was founded by Warren Mosler and Clifford Viner, and manage over $5.8 billion in capital.
Things that make you go Hummmmmm
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