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CaptHowdy

06/16/21 7:14 PM

#168845 RE: MrMike241 #168844

I concur. I dont understand how the t-trade price average of that transaction can be so low when 80% of the trades executed were over .0517.... doesn't make sense when we do the math. Unless somehow the note holder is getting a discounted price per share.

Things that make you go.... Hmmmm?
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gedi8

06/16/21 7:22 PM

#168846 RE: MrMike241 #168844

Nice pickup
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James P

06/17/21 9:55 AM

#168858 RE: MrMike241 #168844

Just curious, but how do we know if these T-Trades are sells and not buys?
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ndww42

06/17/21 10:15 AM

#168859 RE: MrMike241 #168844

The equation used is spelled out by the company/debt holder. I used to track all of these t-trades every day. It uses the average price and average volume to determine amount of shares. It's all defined in company docs. It's actually a very smooth process and gives shareholders the benefit of making sure the buying/selling is orderly.