He already knew this was going to get voted down on anything that would effect the stock price because at the time it was about to take off.
So he gave himself shares to be Abel to hold controlling interest for the time being. Hence the reason why we are in pink land and looking like death. Now that he’s gotten his company in:
“a whole different light”
There’s a good chance he lets those things expire. And some of the other warrants too..... This will immediately remove them from the books as gaap accounting rules shows them on the books now.
That’s their “whole new light” IMO.
That’s leaves the last question......
Who the heck bought all those shares??? Was it the individual investors from the filings? Once we answer that question I feel the time will come for this to finally reveal either a huge turd that was roasting and growing mushrooms or a absolutely fantastic play on behalf of Seamus for doing a money shuffle. This would have practically forced older investors to stay and new ones to not come in and buy due to the pending RS.
Very curious to see the outcome here The money shuffle run tends to be a winner
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