As long as Dr.Frank is being "transparent" here why doesn't he explain the "private trading group" in a little more detail. Is this group his friends? Are they a "fee for hire" group that purchases shares and get paid a cost + %? Who is putting up the money to buy the shares? Can't imagine anyone doing this for free? You are just going to have to give the Dr. 100% blind faith that these shares are being returned to the treasury. If the private trading group owns them and does not return them or if someone fails to compensate them, they become another large shareholder.
Seems like if a company buys back 15MM of its own shares you would get and keep some sort of bounce. But nooo, Ants trades like it has endless amounts of shares to sell whenever shares can be sold.
How's that Class A preferred fund raising going? Where the Dr can borrow your money and is not guaranteed to have to pay you anything.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.