Replies to post #10449 on Taronis Technologies Inc (fka TRNX)

[JRPac]

But he didn't purchase the shares with his own money. The transaction code is "A". If you look up the transaction codes on the SEC web site, you will see:

Rule 16b-3 Transaction Codes
A — Grant, award or other acquisition pursuant to Rule 16b-3(d)

The price listed establishes his basis for when he eventually sells the shares.

If he had purchased the shares with his own money, the transaction code would have been:

General Transaction Codes
P — Open market or private purchase of non-derivative or derivative security