Wednesday, September 02, 2020 7:55:30 PM
They have likely already rifled thru the 600,000,000 from the S1.
For those who thought these guys would be longer term investors, not to be...
In the investment world, a quick flip for a 20% gain is huge. They are getting 5 percent discount and with Anshu’s help (funny how the communication increased recently) they are able to turn a quick profit.
They were only able to get 150 to 200 million at a time, but have probably cycled this little game with Anshu 3 times now to get thru the first S1 allotment of shares.
The question becomes... what did Anshu do with the money he got from White Lion? It’s probably close to $750k if he sold them at an avg of .0013 to WL.
If he used that money to clear all remaining debt, I’m totally good with it. I guess we will find out soon enough. But there is no doubt that the recent uptick in communication was to assist WL in selling for a nice quick profit.
White Lion has zero interest in holding this stock long term. Far too dangerous with the volume they are dealing with. Ask Garnock how “holding” worked out for him.
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