Pretty tough to take isn't it. 😅 This latest piece of BS news has garnered nearly 500 million shares traded so far today and you are no closer to your basis price than you were yesterday. Can't wait to see how many new shares they got into the market and how many had the good sense to bail on news. What did they have and how many got dumped this morning. 😆 Next week is yet another week of conversions. Those converting could accumulate up to 10% of the shares traded this week? You all save a few bucks for that. This is ridiculous but possible when you are dealing with OTC retail fools. The leak out agreements to run through May 15th. https://www.sec.gov/Archives/edgar/data/1464865/000147793224005811/0001477932-24-005811-index.htm
(a) the Agreement Stock may not be disposed of in any manner during the period from September 16, 2024, through November 15, 2024 (the “Lock-Up Period”);
(b) during the period from November 15, 2024, through May 15, 2025 (the “Leak-out Period”), a holder of Agreement Stock may sell such holder’s Agreement Stock in six equal monthly parts (the “Leak-Up Monthly Period”) during the Leak-Out Period; and
(c) during the Leak-Out Period, a holder of Agreement Stock may sell Agreement Stock into the public markets, on a per-calendar week basis, a number of shares of Agreement Stock that shall not exceed 10% of the number of shares of Company common stock that were traded in the public markets during the immediately preceding calendar week (the “Weekly Leak-Out Amount”).