Wednesday, May 18, 2022 7:14:23 PM
10Q out
So after Bondock's 31,102,882 shares of Arvana representing 91.08% of its outstanding common stock, that leaves 3,045,636 shares remaining according to the 10Q.
I'll define that as my float. I own 77,310 of those, that means 2,968,326 in my defined float that I don't control. I have 2.6% of the 9 percent minority. Caie Foods should still own 359,333 of those shares I think. John Baring (director) has 14,625 shares. The rest of the directors (Altaf included) have sold out 100%. Sold us down the river to a wingnut it appears if I understand correctly. That's 2,594,368 shares in my defined float in mystery hands somewhere. Hopefully restricted.
Currently, no liquidity so everybody is trapped. And rightfully so! So what was Altaf's motive? If they are receiving $2 million for all those shares, that comes out to 6 cents per share. What's in it for them at that price? I don't understand why they did that. That's a complete 100% exodus to my understanding.
The beneficial owner of Bondock LLC is Brian Lovig. So, we are now hostages of Brian Lovig. Why did he buy us, and why did insiders agree to 6 cents?? Does he want to reverse merge Bondock into us? Or does he want to take over Altaf's job and find someone to merge into us? I don't see how Altaf gains in any scenario. I'm missing something. Something I don't understand here.
Is this the same Brian Lovig, a director at PintoWest Properties?
https://pintowest.com/real-estate-development/team
I can't make a definitive connection.
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