PrimeMD Inc. (PRMD)

[Lebaneseproud]

Look at the last 10-k Annual filing made by EGXP (now PRMD ) many many years ago. The insiders owned about 1.5 million of the 3 million outstanding shares. They could not have sold many or any shares over those years because almost no shares traded (very little). Now did the former EGXP insiders turn over their shares as part of this deal to PRMD execs in exchange for taking over the shell or did the former insiders get paid for the shell and still get to keep their shares? I would think the new leadership would likely have to get those shares. Thats why I am eager to see filings to see how the deal was structured. Either way the float is super thin at 3 million outstanding. If the new execs got the shares, its unlikely they would be selling any anytime soon as they want to control majority of stock. That would mean the effective float may only be about 1.5 million shares. Micro thin .
This has potential to blow up far more than folks might imagine