Replies to post #2091 on Indoor Harvest Corp (INQD)

[TenKay]

But here is how that works...

Management’s shares are essentially illiquid. Either they are restricted or they are constrained by the Rule 144 volume limitation on selling.

Not much they can do with them.

But what they can do is “return them”...which helps with the narrative on the stock and can induce buying...and then turn around and sell convertible notes for cash to pay their salaries. Eventually the stock ends up in the float no matter what they do...sell directly or return it and sell convertible debt to fund the companies admin/management costs.

INQD has ZERO revenue...all costs have to be covered from somewhere and that somewhere is selling stock. They can’t sell the stock they have personably anyways...so facilitating convertible debt sales is the next best thing.