Fatcat good question. This was discussed prior and the conclusions were:
A) Mr. Kanning is the CEO of Silicon Turbine (founded by INVT CEO Beyers) and due to his working relationship with Mr. Beyers, Mr. Kanning feels comfortable investing this amount in INVT.
B) Mr. Kanning’s investment strategy has a high tolerance for risk.
C) Mr. Kanning now owns nearly 28% of INVT and as a majority shareholder he could theoretically assist INVT and approve any plan the board puts forward requiring shareholder vote.
D) Others are investing and either don’t need to report purchases as Mr. Kanning has or they have not reported.
My personal theory is “A”. Would like to hear any conclusions or theories you may have.
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