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Re: cheusmann post# 7826

Thursday, 07/28/2022 4:18:17 PM

Thursday, July 28, 2022 4:18:17 PM

Post# of 8758
Basically, ITOX (Cliff and Karen) sold 100,000,000 shares to GHS at a below market price (90% of volume weighted average over a 10 day period of time).

GHS then has the right to resell the shares and retain all the proceeds. ITOX does not share in the resale of these shares.

All this does is provide ITOX with the sale of 100 M shares at a discounted price (so as to help pay Cliff’s and Karen’s salaries) and further dilute the outstanding shares by about 35%.

My condolences to any present shareholders.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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