So here is my question to you. Lets assume grant or instadose paid 500k for a OTC shell. I have no idea who actually paid for the shell, but I assume someone got paid. In canada the shell purchasing is much more above board, as you need more shareholders, and the exchange has to vet the transaction. But in the USA, you can do it with 30 shareholders, and they dont really seem to vet the deals based on valuation. So, if grant is the ceo and founder and chairman of instadose private compnay, and he is raising money for the build out of macedonia, congo etc, Im assuming he raised it at prices far above 2 cents. And if he did raise it at prices more than 2 cents, how do you think those shareholders are going to feel if and when they find out that people in shell recieved 25 million shares for 500k. Free trading shares to boot. Now worth over 100 million. Did grant offer this deal to all his shareholders? This is in my opinion a massive conflict of interest, and if he was essentially running a parallel track, raising money in private co, as well as allowing only a select few into the public co, he could land in real hot water. Especially if those shareholders are all very close to him. Can we say nepotism. lol. If I was on his board, and this info came to light, I would want to cut bait quickly.
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