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Re: work-n-hard post# 36406

Friday, 04/01/2022 12:01:39 PM

Friday, April 01, 2022 12:01:39 PM

Post# of 48067
Appreciate for the explanation!! Thanks

I agree Neil. It was smarter to get what you need for any extended period, than to keep diluting every quarter, as a lot of Pink companies do.
By selling those 20M shares last Feb, on the 1st & the 5th, the recipients of those shares were able to sell "just in time" for the big spike to .26. From which, the stock never recovered. (Feb 8th)
They got a few MILLION Dollars from that, and MJLB got enough money to operate for a while, without having to sell again.