RE:RE:RE:9 Million Shares at 0.66 hit the market... Well I did read your first post but it wasn’t written very well. Even if shares were unlocked June 1. Still doesn’t make sense to continually dump all below $2. If they waited you could easily sell above $2. What was the date of the PP that is now unlocked. I am not saying that is not what is happening but it doesn’t pay to dump all at once. Especially going into earnings in a few weeks and probable NR regarding their recent acquisition on cash. Just seems like more positive catalysists on the horizon than negative. That’s all.
FlipPhoneCapone wrote: Well, if you acutally read the post it would make complete sense.
BaM Leadership was not allowing anyone to sell the resitrcted shares until the legend was removed on June 1st. Once we singed the 144 legend removal document, thier transfer agent then approves the sale of said shares. Hence why the volume is so high this week and the share price is plummeting. Obviously everyone in the pp would have sold at $3 and above if it was possible.
Make sense? I have zero reasons to make this up, its a fact!