LOL...The average investor is unaware of the numerous options for dumping shares (free trading or restricted). Scam CEOs, promoters, and their toxic financiers have devised various ways to unload shares....some legal....some not.
I've been told of an arrangement to deposit shares (given out to consultants and vendors in lieu of cash payments) into what is known as a Securities Custody Account with a offshore Bank/Broker. The usual fee for a bank/broker to take custody is only around $150. A Margin Account (opened with the same, or close by entity, then allowed the owners of the shares to 'borrow' their own shares to short (not naked because the shares were held in 'legal custody' with a legit institution). The Custodial entity had no risk.
It's nice to have control over the timing of everything...the 9,000,000 borrowed JAMN shares could be sold immediately into the open market and the cash would be available to use for anything...eventually the share price could even go to no bid and they wouldn't have to cover or declare any income from the short sales until they're ready...full use of untaxed cash...yippee!
The only thing they'll likely be 'filling' are their own pockets at JAMN shareholder expense IMO
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