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TenKay

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TenKay

Re: ol_crow post# 99285

Sunday, 01/17/2021 10:49:04 AM

Sunday, January 17, 2021 10:49:04 AM

Post# of 130538
That is NOT a buyback. It is simply replacing one form of equity with another. If he is trying to pretend it is a buyback, he is either purposely deceiving people to pump the stock or he is rather ignorant of some Stock Market 101 type stuff. And yes, he could convert the stock he holds to convertible Prefs...stinkie pinkie insiders do that all the time for a couple of reasons...(1) it’s a way to use the decreased OS to pump the stock and (2) more importantly it is a way to protect himself from an RS...

"Harsh reality is always better than false hope"

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