InvestorsHub Logo
Followers 2
Posts 155
Boards Moderated 0
Alias Born 08/31/2023

Re: wickw50 post# 197591

Friday, 04/26/2024 2:47:36 PM

Friday, April 26, 2024 2:47:36 PM

Post# of 198018
Cancel the 9m shares for insiders? Don't you get it, that what exactly the whole point. They were pumping the itv-1 Africa mess right into this whole deal, they thought it would go through fast and their 9m shares would be issued into the Africa trials hype, they wouldn't have a lock-up period like commons would, then they immediately sell them as fast as they can, even they knew they wouldn't get $10 each for them, they would sell heavier than bids would fill, but even if it got down to $1 per share after selling, they'd have made millions on the way down, and commons aren't a threat because you can't sell them. By the time you could, they'd be worthless, management knew this of course, it was all designed to make them rich, not you. Why else sell cures for the world for chump change like this?