RE:RE:The 2 Vulture Capitalist now control 54% of the CompanyLots of Stranger Things with this stock. Maybe that means something good is finally going to happen or maybe we just get screwed by the market manipulaters once again.
If you expand your Sedi search back to 2016 you can see Catalyst establishing their opening positions and they have multiple Sedi accounts. They added PRE/FEC shares to both their fund IV and fund V after Catalyst took over PRE. Then in 2020 Catalyst fund IV privately sold all their shares and it appears bought them in their fund V, more of less a transfer likely due to the time frame to close out fund IV had expired. Now the time frame for LP Fund V to liquidate and distribute all remaining assets is expiring.
Catalyst was constantly adding shares to fund V from the public market up until 2021 and then nothing. The Bloomberg article a year ago said FEC had been considering a sale since 2021. With now 41% of the shares and another company that Catalyst has done several joint ventures with, owning another 13% of the shares. There is little reason to add shares unless you have access to a lot of cash and it appears Catalyst does not. Hopefully, these 2 Venture capitalist soon make big money off of their FEC shares.
If you look at this OTC short report, you see the reported legal shorts during the time frame that 16mm OTC FECCF shares traded and see there is a very high % of legal reported short sales. Surely, they did not sell 16mm naked shorts, in the US with the SEC making illegal naking shorting a priority. So very strange. Do private sales show up on these public market trading platforms like the OTC ?
OTC Short Report, Short Data Stock Positions, Trading Short Interest