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mfaphoto

03/06/21 5:02 PM

#134790 RE: MNK3240 #134788

Ugh. No they didn't buy shares on the open market, but usually the fair price is determined by the market at the close of trading on a certain day. What firms to do get what they pay down is to employ a trader to manipulate the price by placing large blocks at the ask. Yesterday, one kept throwing shares at the ask at .035 at the close. As soon as they would go down, more were thrown on the pile. Over and over and over again. Why? Because they stopped the price from going up, which was important to them for some reason.
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Kanadian

03/06/21 5:57 PM

#134794 RE: MNK3240 #134788



THE 50% EQUITY WAS IN THE FORM OF 30M Series A controlling/voting SHARES. The 500m preferred B shares were acquired for [UNKNOWN AT THIS POINT] An 8k should reveal this info.

The Huge news is that these 500m Preferred B shares {entitles holder to dividends /better protection etc;]can be converted to common shares for monetization which TG will do for dollars not pennies !!

The price of the Preferred shares also serves as a base valuation [like a round one] that allow NSAV to use this as a base to raise more capital at a higher valuation [round 2]...