It's pretty simple this guy surrendered all his shares and now gets paid at .10 cents a share That should tell you were this stock price is going right there But you are right when you see that 8k and see the current stock price it doesn't make sense at all but hopefully in the next filing it will all come together!
Maybe Carmichael offered part-ownership as consideration for Purdon's cancelling of shares? Sure the 8-K looks hokey and surely they know that but I keep my attention on two things:
1. Carmichael never pumps. Even in the bad times (2009 - 2013) not a peep of pump?
2. It's not a hokey PR campaign, it's an 8-K-filing placed right under the SEC's nose.
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