David is an officer of the company. All rules apply to him for the sale of any stock. What is it 1% of holdings per quarter. It’s been a long time I’d have to look up the exact rules.
For better or worse David just shackled himself to the success or failure of Tautachrome. Risking all of his 610k... for repayment that will take significant amount of time or price appreciation to retain back.
This didn’t need to to be done but the loan money was collecting interest and David wanted to put a stop to that.
Like he said. The company directors and the shareholders are tied together. Success or other.
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