Monday, February 08, 2021 1:29:52 PM
Over the last couple/few months I accumulated about 1.9K shares of the RIGG shell at an average around $1.02 per share. Probably could have bought an additional 1K shares in the $1-2 range if I had been more aggressive/alert in my buying.
I don't know what the current status of this shell is. It looks like the shell was relatively clean at the time David Lazar was making OTC Markets filings. The only thing a bit interesting/unusual I noticed while reading through the filings was that Lazar was suppose to inject $120+K into the shell in exchange for a control block of 137,400 shares. It appears that did not occur, which is why the outstanding share count is still at 113K.
All things considered, if that verified share count on the OTC Markets profile page is indeed accurate, I figured that RIGG was a good speculative "no-brainer" around that $1 dollar area. That unrestricted share count of 38K could lead to some pretty interesting price movements in this shell.
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