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Not_on_the_rug

09/17/19 8:17 AM

#45357 RE: elks #45351

All the good pumpers are long gone. Costello has the JV team propping this thing up now.

My guess is that there will be two more big dumps of insider shares. 5 million at an average of $1.00 and the remaining 15 million at an average of $0.50.

If this is an orchestrated P&D, my estimate of the total haul from those 25 million shares would be:

6 million @ $1.50 = $9m
5 million @ $1.00 = $5m
14 million @$0.50 = $7m

So a total of $21m from the Ross shares, plus whatever they made trading shares they bought from the float before July 1. Also it appears they have been using that cash to P&D a few other tickers. I'm going to take a shot in the dark and say their total haul from all of the shares (Ross+purchased float+other tickers) will end up being $40m+.

Not bad for a pump and dump that was two years in the making.

Again, all of the above is just a guess. But everything on this board is at best a guess.