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PhantomCash77

01/26/21 6:37 PM

#22701 RE: Clueless_Trader #22698

OMFG ...this smelt like it the whole time.

#BUCKLEUP
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Stabbakilla

01/26/21 6:37 PM

#22702 RE: Clueless_Trader #22698

July 28 2020 company sent out a PR about series A stocks they state “ looking to create shareholder value now that the S/S is steady from dilution.. they are going to be buying back shares open market hence the volume.... the stock could be trading in the .05-.25 range if they send us a PR soon before the lawsuit
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saxonia40271

01/27/21 3:51 AM

#22849 RE: Clueless_Trader #22698

It’s a perfectly legitimate question, but there is no indication of a buyback. The fact is, they just recently issued new shares, most likely to pay for legal expenses. That looks like a fine investment and is in our best interest. But there is no reason to issue 1s, to buy them back at a multiple, only days later. The market action was driven by bulls and momentum traders. GLTY.