Tuesday, April 07, 2020 6:28:05 PM
see quote from the post I was replying to (I can quite things too as it seems)-
“Then the press releases occurred about COVID-19 to help drive the PPS to sell the 100 million shares. Since March 16th ~185 million shares have traded so it is reasonable to presume the entire 100 million shares were sold.
The filing was retroactive to November 2019 but the shares began selling in earnest on March 16 (.012 to .056 on 18 million volume) with high volumes every day thereafter, with the highest volume day of 34.8 million and a high of .089 on March 24. (historical volumes link at the end of this post)
With todays SEC Suspension the SEC apparently believes the company used false and or misleading press releases to sell the 100 million shares.”
This fact he is claiming, this is my own opinion, is fabricating and misconstruing information to fit his personal opinion narrative that he shared to all of us... there is no mention of the amended 100 mil shares being sold at any point what so ever... that was I guess his hypothesis which he is entitled to... but as it seems from the SEC filing they are focusing on the spread of information from the company not the specifics of a Amended Offering Filed on the SEC (https://www.sec.gov/Archives/edgar/data/1091418/000146970920000011/0001469709-20-000011-index.htm). There were in fact tweets from Joe and NBDR on that day which could be in focus as a result of when the amended filing came out there was a significant sell off going into close... if this was about the offering amount being sold they would have specified this in the suspension file...
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