EPROM says “If this is "true" then why would they go through all of the trouble creating NAUG and all of the associated glitterati that goes along with it just to sell their personal shares at what is tantamount to $1-a-share of NWAU?”
Because they were absolutely take-it-to-the-bank unable to get an audit done on NWAU and had no choice but to find another shell.
”They could have sold all of their personal shares of NWAU back when it was a "pink sheet" company without all of the needless NAUG hassles? ...and for (((TWICE))) as much as it's going for today??!!”
No, they couldn’t because all of management’s and insider’s shares from the acquisitions are restricted and cannot be sold on the open market. From day one they have telling the shareholders they were going to become reporting, so what else could they do but to continue trying to get there by whatever means available. Enter NAUG.
”So WHY would you profess that NAUG management is dumping NOW when TWICE as much money was available on sold NWAU shares only a few months ago?”
I did not say that NAUG “management” was selling as this would be illegal. The selling is coming from current NAUG shareholders who came with the shell, and who are somehow restricted as to the amount they can sell over a period of time. Also from the old NWAU original guys who got stock for their notes but were holding on until now.
Remember, rats leave sinking ships because they instinctively know they will not survive if they stay. In other words, rats are smart and they are leaving this ship in droves.
Sir Dog
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