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Tuesday, July 12, 2022 7:12:51 PM
The distribution on the accounts of this shares called c shares was done in August 2019.
Around 7 million shares were called c shares, " the dividend shares "
25% will be converted in August 2022, 25% in August 2023, 25% in August 2024, and the final 25% in August 2025.
So to recap, around 1,750,000 shares could be very well be sold next month.
The crooked shorting the stock currently, and before, and since ALPP is on the NASDAQ, are counting for these new shares to cover.
However 17+ millions shares are currently shorted. Not everyone will be able to cover.
I personally will NOT cash my dividend, but instead buy all I can, at any level.
But the biggest question remains.
Why Wilson let the stock accumulated so many short positions?
Recent ALPP News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2024 09:26:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 08:00:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/17/2024 08:09:12 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:02:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 08:57:23 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 11:17:28 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 09:29:48 PM
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