Saturday, March 12, 2011 11:55:35 AM
DKAM signs a financing agreement with XYZ. XYZ loans DKAM $50,000 at a clip secured by $100,000 of stock at current value, maybe more as a short term close ended note. DKAM automatically defaults on the note, XYZ Sells the stock in the open market.
XYZ arranges for buyers to take their shares at a discount so it always drops the stock price.
All wait until PR to sell so that there is a mix of buyers from the street and from XYZ's stable of customers.
Just a theory, but nothing else here makes any sense...
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM