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Re: dh_ post# 37209

Thursday, 01/20/2022 4:38:01 PM

Thursday, January 20, 2022 4:38:01 PM

Post# of 52051
dh, if the 5.7 mil were dumped into the market, having mgmt explain that would certainly help, but I do not think that is what has happened. In order for the IB to have access to those shares (if it was the IB) the contract would have had to be finalized.

Having authorized shares would still mean that whoever granted them would have to have purchased them at an agreed price (usually lower than market)

If they were purchased as collateral for the $2.75 mil, that wouldn't make sense since they would need the $2.75 mil to purchase the shares, so they negate each other.

This is where the details for the IB remove all speculation.

Best to you!
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