Tuesday, May 24, 2022 11:38:14 AM
Hatadi Suupat purchased the shell and did indeed receive shares from SFIO.
As did his company Bounce Mobile. I believe he has 400 million there about.
However, these are all restricted now and cannot be sold for 1 year.
(Side note: I have heard that next year SFIO plans on buying Suupat's/Bounces shares or at least a large significant portion.)
Prior to May 1st he could have sold and probably did but we don't really know for sure.
Also, Main-G consulting was selling shares prior to May 1st but is now also restricted but not entirely. To my knowledge they can sell 125,000 a day I believe for one year.
You might want to confirm my information/understanding on another board, group, Telegram, Twitter, FB?
You have to applaud the Company (SFIO) in my opinion for even attempting to handle the sticky situation they found themselves in.
$SFIO - long.
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