OK...well, hence my inability to understand "gimmick" and "loophole."
I for one would never sell "fronted shares," precisely because of scam-boyz like Drage. Apparently, it's gonna take awhile for authorities to catch up with him and his ilk...
I have no idea about the bid...If "Mr Henry" indeed sold his fronted shares as claimed, I think he sold too low. Based on the reverse ratio, this should have showed $45 as last trade...
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