Everywhere I look it seems 35% insider ownership is good. What should I feel about a company that's 143% more than that consideration?
Please hear me out.
First look at the chart. When that macd crosses this thing is gonna go through the roof. It gonna match with the chart where it squeezes this out.
Next, let's talk about why this has been a drag since merger. The organizations who back this and own this are private companies and organizations who will probably always will be. There's a reason this is 85% internally owned. Going public is another way of making money for them. How through SP, and I'm talking billions of dollars worth. They have diversified their business portfolio to handle 10s of billions of dollars on revenue.
So, what's the best way to keep people out and maintain that iron grip these private organizations and people have?
Keeping this thing down from the beginning. Ensuring this thing doesn't go haywire to $75 and then tank. Then no one would want to touch it. Now coming back from nothing since merger? That's a story worth telling. Who said something like that? Oh HOFV CEO Michael Crawford!!
Only the smart and cunning will be profitable here.
And remember how many shares they all own. There are 3 different levels of direction btw on the board.
A works for hofv 1 yr
B works for hofv 2yr
C works for hofv 3 yr
I remember Klein is one yr and Crawford is 3 yrs, lichter is 2 years, can't remember the rest, look in 8k filing
But they all own shares and r gonna make so much money
law.cornell.edu/cfr/text/17...
Plus I think Klein who got these shares in compensation for taking on hofv loan and being director for one year says in his filing he's exempt from the rule I linked above which would mean he's not considered beneficial owner and probably had a deal to sell portion at said price, but I'm not sure last part, just guessing on how he got that price. Either way we gonna go ballistic soon!! I'm counting on it!!
