Tingo Group Inc (TIOG)

[snow]

DK I found the following interesting information in the article: " As of March 30, 2023, Tingo, Inc. owned 15.7% of Tingo Group's outstanding common stock." I had the expectation that it had been about 100%. A possible implocation is that Tingo Inc was in the process of selling its shares in Tingo Group. That must have been at a pps per share that in now way reflected the values in Tingo Group since the pps of TIO had not risen much by March 30. To me the implication seems to be that Tingo Inc regarded Tingo Group as a scam since the shares seem to have been sold very cheaply. Is my reasoning logical? Any comments on the issues this reduction of the shares Tingo Inc had in Tingo Group as of March 30, 2023?