Monday, April 20, 2020 7:30:05 PM
also if you look into it korenko has bought a lot of shares on the open market. Their cash situation has always been horrible. The measly $1700 worth of shares korenko bought isn’t going to the company way to much back and forth in buying and selling. For that to happen. They can only get actual cash in hand by either selling shares to toxic lenders which have set prices they can sell at and usually a date to go with that. Just like the fund raising for reg. A shares there is a set price with a minimum amount to buy, with a date set in place before they can sell and start dilution. The 6 million in dilution that’s been added is from past toxic lenders.
Again to much back and forth for the company to get operating cash from the open market and to much risk.
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