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Re: amateurnew post# 29345

Friday, 11/19/2021 1:46:16 PM

Friday, November 19, 2021 1:46:16 PM

Post# of 31012
Great insight for a newbie. For all intents and purposes the private offering is dead. I've consulted with a few public companies and helped them with private offerings. This one is now dead as a door nail.

The CEO wouldn't buy open market. All of his shares would be limited by control block and CEO limitations. However,..friends and family could buy up the cheapies. That would have been a smart move and in my opinion is probably what's happening.

Btw, I sent you a PM to help teach you how to do DD..wink

I found this company from the rise on the news release. Upon doing my research I noticed a company mentioned in a filing. This company has been involved with at least a half dozen, pretty decent penny stocks so if they are involved, and I'm confident they are, this was planned and not a rookie move.