Post by
jmostock on Jan 15, 2021 2:14pm
echelon selling
This is snapshot of the sellers since Nov 1, 2020. Notice Echelon - They have sold nearly 7M shares since. This has to be either a large financer of a low PP in the past or one of the x C levels saying bye bye. Anyone have insight to the story here?
jmo
Comment by
French01 on Jan 15, 2021 3:23pm
Could they be from the 525k and 210k usd private placements at 8 cents in September and June? It's frustrating because if you take them out of the equation the sp would be a lot higher I would think.
Comment by
jmostock on Jan 19, 2021 11:27am
This is the problem with Cheap Financings. You eat it a lot of it once it's 100% gain and when you issue 9M shares! They have now sold 7.7M so even another 1M left we should have them behind us.