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lytnup

06/23/19 7:08 PM

#304006 RE: loanranger #304001

Is CEO Heddle selling shares?

The latest OTCQB Certification that he signed on 6/5/19 sure suggests that he is. It says that he owns 1,375,000 shares (supposed to include any "options and warrants that can be converted into common shares in the next 60 days").
https://backend.otcmarkets.com/otcapi/company/financial-report/223296/content [\quote]
He isn’t making it easy; it seems like he filed a similar document on 6/5/19, stating that he had a 5.6% stake in the company:

https://backend.otcmarkets.com/otcapi/company/financial-report/222775/content

While it would seem that this represents an actual increase from the 5.1% he reported in the 10K filed 6/3/19 (though the table states that his 5.1% stake was as of May 31, 2019):

https://www.sec.gov/Archives/edgar/data/1381105/000149315219008591/form10-k.htm#a_020

A quick check with a calculator, based on the 124M+ outstanding, confirms that 7M shares is actually 5.61% of 124M+, and not 5.1%.

Perhaps these contradictory filings are a result not of him selling actual shares, but rather cutting and pasting irregularities?