“i find it it odd that smart people are willing to spend 500k on this stock in it's current state.”
First, nobody has spent anything yet. There are quite a few steps before it gets to that point. As I have noted before, the one they did with APTY didn’t happen in the 30 day window...no S-1 was filed.
Second, there, frankly, is something bizarre about this and Triton Funds LLC. Students?, School credit for involvement?, reference to “paper trade” approach on the website?, three OTC pink sheet “investments” out of the gate? No money has actually traded hands at the moment?
I don’t know what it is...but it’s quite weird.
And your instincts are correct. Why would someone purchase equity at a 25% discount to a 5 day VWAP when the best Cellucci has gotten (and has agreed to) as recently as April is debt at a 45% discount to a 20 day LOWEST TRADE????
There is absolutely no different information they would be privy to than the market is.
This is going to be interesting to watch.
Market Data 
Markets 
AI
