No that is incorrect.Did you not notice that PGYC CEO/President Tony Bisante owns 22.1% or 44 million shares that are all restricted.
The buyer if approved will tender all shares outstanding free trading or restricted.The CEO is not going to get a deal done and receive nothing.
As far as Desantis it has nothing do to with the tender.He owes alot of investors money and then he has to divide the shares with his shareholders.
Desantis has tried everything he can to obtain more shares from PGYC and wants them free trading and Bisante has stated heck no.
Desantis has done everything possible to damage PGYC pps for many reason.That is exactly why he started all the false fraudulent emails to PGYC shareholders,investors.
If you beleive what Tony Bisante states in the two emails he sent me you should understand Desantis has a whole bunch of legal issues from investors,shareholders of his company.
Now he has many more issues from PGYC which will likely cost him everything in the long run.I hope he ends up in jail and broke.
I would think that Tectane Tech. shareholders most likely would jump at .42 cents plus royality of .02 cents.Desantis is a crook and it will be proven just as soon as he is arrested if he has not already been.
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