Seems strange to ask why,I'd feel foolish asking the company why,when they'd likely say read the filing .Now a better question might be Why APPROVE an RS to begin with ?
seems shady doesn't it,
and then to have a history of doing so would seem like fraudulent behavior on the one hand or neurotic as fck on the other...,
maybe both.
Maybe they're trying to aid someone in acquiring a majority share position,could it be as a benefit to the toxic lender to later announce the RS cancellation for the lender to then sell into the spike created as a result?
Who knows,I can't argue their history nor the accumulation though one has to wonder what the angle is in making and retracting these filings.
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