Replies to post #15880 on Crednology Holding Corp fka COHO

[THEGOOGLE5]

Sorta explains those big blocks sitting on the bid all week... Just don't understand how you can illegally sell a stock, which was around .03 and your punishment is to buy them back at around .01

My understanding is that the shares were to be returned to the treasury and the services paid in cash. So let's say they sold 10M shares at avg .025 and bought back @ .013. They just cleared 120K... and getting paid cash for services..

Some people claiming 30M illegally traded - that is a 300K profit for their crime... Who says CRIME DON'T PAY!

[photog321]

Why do the shares have to be purchased on the bid during a buyback? I can't imaging they sold on the ask on the way down. Hardly seem fair.