RE:Question of the Day? mustdomy wrote: I just took a look at this company and was wondering if someone could tell me why buddy Rascan is selling? Could be he needs the money or does he know something we don't ? Any insight would be helpfull. Thanks.
| Jan 2/18 | Dec 29/17 | Rascan, William | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -95,500 | $0.300 |
| Jan 2/18 | Dec 29/17 | Rascan, William | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -30,000 | $0.305 |
| Jan 2/18 | Dec 29/17 | Rascan, William | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -14,500 | $0.310 |
| Dec 26/17 | Dec 20/17 | Rascan, William | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -36,000 | $0.180 |
There's not set answer to this question but it could be related to a few things . 1 He got those shares optioned at .05 so heavy in the money and still holds warrants valid until 2020 ... 2 There is financing coming free trading. 3 He needed the $ to buy the .74 options just granted to Liberty Leaf as he's president there .... 4 . I have a feeling he knows Liberty is going to pop up hard soon as it gets a license and that's probably a lot sooner then AMS seeming they don't even have a application in yet .
Also LIB might just acquire AMS if the float stays low enough . The last PP from AMS had a lot of insiders buys and all those insiders are in both stocks . Full disclosure I own shares in both companies