American Resources Corp (AREC): Maybe someone might give me a clue.. why...

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American Resources Corp (AREC)

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Saturday, 10/10/2020 1:48:25 PM

Saturday, October 10, 2020 1:48:25 PM

Maybe someone might give me a clue.. why was a Shelf announced during the day? Why would anyone buy at Shelf pricing now that SP is collapsed?- just to use as proof of available counts so to enable shorting? Was it shorted by the same people, that were going to buy 'the shelf', thereby they already have profits.. in shorting the Shelf?
Seems pretty sloppy in methods and questionable as to management competence.
If anyone knows of Shelf situation I would like to hear... get no response from management.. as if it were a pinkie!
The only basis I can imagine for the company to create a shelf but destroy it SP value is there would be news to re-instate a SP back to the Shelf pricing and the outfit running a 'Green shoe' effort to get Shelf offered SP at least a wash sp... unless the 'big short' was the 'shelf sp profit structuring.

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