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FatCatFenix

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FatCatFenix

Re: bucks2pennies post# 55810

Thursday, 11/04/2021 4:02:18 PM

Thursday, November 04, 2021 4:02:18 PM

Post# of 92526
Didn’t the PR state, Debt to Stock purchase?

I assumed when reading this they we’re converting a portion of their salary “debt” owed by the company into shares instead if being paid out. Which would technically save them from paying taxes on their income and then buying shares.

I’m surprised Croom only bought 10k, tho he’s probably at a lower salary then the others… and Netter bought none, this I found odd.

From this PR we can clearly see their timeline has shifted. Not like it already wasn’t but we now know, this is a long term play.

Time to hibernate and come back to this April 2022! Lol!
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