Like at KATX. The way he does it is first, authorize some shares. At BVIG he's got over half a billion in reserve, and about a billion to spare at KATX. Then issue them. He does not have to tell anybody when he does this. Then sell them to anybody who will buy them. Nobody has to be notified about that, either. The people who buy them directly from insiders like that are often called "financiers," and they typically get their shares at a discount, knowing that they are dilutive. Sometimes the shares are restricted, but those shares have to be discounted more than free-trading shares, which the financier typically sells as quickly as possible into the market, before anybody knows they've been issued. With a gagged TA (as is the case with Bubbaco), it is often months before shareholders are able to determine that their stock has been diluted. Sometimes, the insider doesn't even bother with a financier. He just tells his MM to sell X many shares, or X dollars' worth. The shares are then delivered by the transfer agent to the MM for transfer to the buyer. Thus, the stock is diluted and the shares are distributed, and the PPS goes down because of all the selling that just keeps coming, day after day, after day. Just like KATX, where Bubba has been increasing the OS on average by about a million shares a day now for years. Just issuing and selling stock, and doing nothing else.
You saw a lot of insider selling in BVIG, too, right before that distro, and just as it came out. It was enough selling to crash the price by over ninety percent, as you can see. You can be sure that Bubba was first in line (after all, it's HIS transfer agent) to get free-trading BVIG shares to sell. You see, in the pinks and stocks like them, the whole "business" is set up to benefit the insiders. They control almost everything, and don't even have to tell anyone what they do. Investors are just a source of money. Victims. That's why nobody should confuse buying scam stocks like Bubbaco with "investing." They are two totally different things, and pinkie insiders do not want people to be aware of that difference; they try keep quiet about what they actually do for a living, just posing as a CEO of a real business. It's up to people like us to expose them and make sure people know what they're actually getting when they buy these scams like Bubbaco. They're just stock-selling operations, and the insiders get all the money, spending only what they need to spend in order to keep selling stock. Bubba is a great example. If you'll notice, he does nothing for shareholders but the bare minimum that it takes for him to keep selling stock. Just look at his track record with that in mind, and you'll see exactly what I mean.
A good bottom's hard to beat.
e
AI
