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trademax42

08/11/20 7:18 AM

#4204 RE: trademax42 #4193

The guy sold only about 1.1% (2 million/176 million) of his position. Still the guy is holding about 99% of his position.

According to Relief board member Tomaz Burckhardt, the seller is Yves Sagot. The co-founder and longtime scientific director sold some of his shares for private reasons. According to the annual report for 2019, he previously owned almost 176 million shares, which corresponds to around 10% of total capital.



https://www.fuw.ch/article/relief-therapeutics-stuerzen-ab/

Maybe he needs some money to buy a present for his wife, who knows.

$RLFTF

Just my opinion, do your own dd.
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Justfactsmam

08/11/20 7:46 AM

#4233 RE: trademax42 #4193

...its not the dollar amount that is important or determinative...its the PROMOTING SP via PRs and then selling shares at the same time...S.E.C. will look at it as pure Stock Manipulation and Insider trading by CEO.

The greater danger to the stock is banning the CEO from holding an executive position in a public company...it could result in his becoming a "consultant" to the company without any decision making authority.