Saturday, February 04, 2023 4:26:33 PM
“The property’s total purchase price was $6 million, split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband.”
On the day of the closing of the deal November 30th. 2021 the stock price was @ .18 so this should give him around 22mill restricted shares. He should be making nice chunk of money in the future.
“In a press statement, Asia Broadband said: “Company management is excited by the Bonanza acquisition for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits.”
https://www.mining-technology.com/dashboards/deals-dashboards/asia-broadband-mexicos-gold/
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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