Replies to post #100403 on Bots Inc (BTZI)

[Master-of-Disaster]

Like Les said "Paul's dipped into his personal funds before to cover mCig expenses."

Chances are he knows why they sold shares from whispers from the inside.

IMO they sold those shares because they didn't have the cash on hand to start Rollies 3.0 Operation Hemp Cigarettes.

10Q is last and going to be horrid

[lesgetrich]

If Paul wanted to maximize earnings, he and Hawkins could have agreed to not take salary or take less salary for the quarter. If so, they could have cashed in some of their personal shares to cover expenses. Alternatively, they may be using personal funds to cover legal expenses from the construction lawsuits or have any one of a number of reasons for doing so. I'd say the key point here is that the sales were only a small fraction of their holdings, did not result in any outrageous cash gains (under $50k each), did not have any significant impact on the share price and did not affect the OS (those shares were already part of the OS so there was no dilution).