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Wednesday, October 25, 2023 4:05:11 PM
ABC Taxic financier does a converson.
They keep 800,000 shares.
The have 5 accounts in BD 1, BD 2, BD 3, BD 4, BD 5.
800,000 shares is in BD 1 from a conversion. They now flip the same 800,000 shares 4 times. When it gets to BD 5, they still have 800,000
Volume is 3,200,000 shares. People think investors are buying.
Someone who doesn't get the process will probably ask why would they lose 1/2 cent for example on the 800,000 shares. First and at 2 cents, will not drop 1/2 cent that quickly. Second, even if they do, they are happy to do that if it creates 25,000,000 shares in buying and they make 20% on the tranche.
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