RE:Stop FEARMONGERING Darren selling shares. Reason bellowSkiBumRockies wrote: I posted about this a couple days ago as to WHY he sold his shares.
Darren has almost 15 million in AMK options to exercise. The right to use these options eventually expire. So he was simply SELLING shares he owned to raise capital to USE the options at a lesser price before the right to use said options EXPIRED.
It is literally MONEY for NOTHING.....
Darren sells shares at let's say 29 cents. OMG WHY is he doing that? To raise capital to buy shares BACK at the option price (like 6 CENTS!)
But WHY MISS OUT ON STINGER SHARES?
Well because he can't buy the options with happy thoughts he needs cash, so he sold shares to GET THE CASH to USE HIS OPTIONS.
And if he didn't, letting those shares expire worthless...well he would have missed out on roughly 20 cents of value on the 200k in shares in the option that would expire....That's 40,000 $$$$$$$ that he would have essentially just have to let EXPIRE in the profit flip!
BUT NOW HE ONLY OWNS A LIKE A MILLION OR WHATEVER AMOUNT OF SHARES?!?!?!?!?.......ya but he still has the right to buy ALMOST 15 MILLION WHENEVER HE WANTS!
But the freeeee stinger shares? I'm sure he will be getting fresh Singer shares or w/e once he is running that ship.
GLTA ,
FIIIIIRE IT UP
Long AMK SKI BUM