Can you say Flim Flam? Why the hell would any investor make major investements public? That defeats the advantage of stealth and getting in at lowest price possible !!!
The CEO was trying to causing retail to buy higher with false confidence. This is the OTC wild west. See that path, follow me! Bang a price pop when the CEO said it would. Follow me farther.
This is the goal of most all pennyland company PRs. Create the desire for retail to buy higher on a story. Event if he is really buying and not just issuing himself shares for services, (Ps; he could easily do that, why spend cash). The act of buying does not change value in any way. Only company preformance increases value worth buying!
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