Replies to post #21187 on Alternus Energy Inc. (fka ALTND)

[Fun4u]

Valid question. Hopefully, as like last time, they will explain shortly.

[my2Mustangs]

I wonder what effect a RS has on restricted shares, maybe you'll find something on that while you're looking through the rule 144 regulations.

I'm thinking that a RS releases the restriction.

So, 7000+ of Fabio's private company's "consultants" as Fabio called them are given WDAS restricted shares which are also added to the OS but are caught up in the RS bringing Fabio's private "consultants" shares down to just over 2M shares and they're already a part of the OS, like the shares that Fabio got for his conversion of the "B" shares.

I'm still looking for "DD" that can explain why WDAS shares were given to Fabio's consultants in the first place.
Shouldn't Fabio have given them shares of the private
company(ies) that Fabio has instead of diluting the WDAS SS?



2M shares could be very quietly added to the float for an easy couple million dollars, which we aren't told how many are in the float so who's the wiser except the one doing it, Fabio and all the good news in all the "DD" has one source, Fabio and who would control the "consultants" WDAS share program, Fabio and who has access to the float, well Fabio for one, the other is the TA, but they're gagged so who's the wiser, sure isn't the shareholders.
They don't have float numbers and they can't contact the TA.

One last thing, with all the conversions of preferred that Fabio has now done adding more shares to the OS, who has the power to issued himself more preferred shares, Fabio.

GL