Bots Inc (BTZI)

[lesgetrich]

LMAO It's the same argument because you guys keep making the same ridiculous claim over and over again. People aren't issued shares then selling them the next day on the market in some kind of scam. The market doesn't work that way. Companies issue their shares with a restricted legend. They can't be sold for six months and then the person receiving them has to go through a week or more of hoops to get them to a brokerage were they can be sold. If they have a significant award and they sell them all at once, it drives the price down and the last shares they sell will bring in significantly less that the first shares they sell. Consequently, virtually no one would be stupid enough to sell a large number of shares at one time unless the pps were tanking to begin with or the daily volume were large enough to absorb their shares. See for yourself...

Rule 144

...So quit claiming that people getting paid in shares are immediately ripping off shareholders and I'll quit making my argument. The only way they can profit on that payment is just like the rest of us (i.e. if the shares are worth more after six months than they were worth when they received them). Otherwise, they lose money and have to pay income tax on the higher value when the shares were issued to them. Whether things end badly for the rest of us has nothing to do with it.