Friday, December 17, 2021 12:06:04 PM
Some retail might be selling, but imho it is Alex Dillon mostly. If you want to see what a real buyback looks like, see all the form 4 filings on NIHK
https://www.otcmarkets.com/stock/NIHK/disclosure
This is the case where CEO owns 20%+ of common stock and is buying more. He has deep vested interest and motivation to see the common stock value rise, and buyback indicates very high confidence in the business plan going into 2022.
On the other extreme, you have Lovatt and Armenta who hold ZERO common shares - no motivation to see common stock price go up at all. If they need a new boat for Christmas, they dilute and dump it on your heads and buy their toys. They've been lying and scamming shareholders for as long as I've been tracking this stock - this was my first OTC play back in Feb and I doubled my money out of sheer dumb luck that I caught the good side of the pump-dump.
Don't be surprised if the promised buyback turns out to be just another lie to add to the long list of lies Lovatt and Armenta have been heaping on you folks.
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