Ignite International Brands Ltd (Subordinate Voting Shares) BILZF

RE:These lockups are Crazy...

[optex1972]

ctblizzard wrote: I am not a shareholder in ALQ, but do own OMNI. Keir Reynolds was formerly our CEO (over at Omni that use to be Mezzi holdings). 

In general the idea with lockups/halts etc was when every company wanted to be a blockchain and or pot company the regulators would provide  some oversight to protect shareholders. But taking public companies and essentially making them private for long periods of time months or in this case over a year, basically deals out the hand in favor of insiders who make endless changes/dilutions and take money without that opportunity to even trade out of these securities.

Entire "hot sectors" can become cold or overcrowded over time with no exit for public shareholders. Also it puts public shareholders, who get no special deals, warrants or pricing for their non-tradeable stock like private investors do in a position where there is no liquidity based on the changing parameters of deals announced.

In my opinion this is the biggest disaster on the exhanges now.

He is not even involved in this anymore. They were only hired to do the Pp funding nothing more.