Seeking Alpha author Chris LaCoursiere recently acquired free or discounted shares in WEYL. If he is providing a service for these shares (such as promotion) without disclosure he could be in violation of SEC policy.
Here's the proof:
October 31 he owned 530K shares at 60c average = $318,000
November 6th he owned 600K shares at 55c average = $330,000
Between 10/31 and 11/6 he acquired 70,000 shares at a cost of $12,000 which is an average of 17.14 cents per share.
Tweeted on November 6th
@ChrisLaCoursie1
Nov 6
Long 600k shares $WEYL .55c let’s talk later in month #CNBC 6 more trading days
Tweeted on October 31
@ChrisLaCoursie1
Oct 31
$WEYL it has been a painful year for all invested. Now a new company 6m in bank 40m rev CARG 30% and uplisting to #NASDAQ CEO is NOT happy with valuation BUT confident intrinsic value will reset I averaged down just like #biotech long 530k shares .60c
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