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Pounce Technologies Inc. V.POI.H

Pounce Technologies Inc has no active business and is currently looking at new business opportunities for a strategic acquisition and a simultaneous financing.


TSXV:POI.H - Post by User

Post by Arturs33on Oct 25, 2016 2:16pm
184 Views
Post# 25383693

Chell dumped 4.5 mill shares yesterday

Chell dumped 4.5 mill shares yesterdayCanadian insider reported that Chell sold 4.5 million shares yesterday privately. I think that's means the shares did not hit the market, correct me if I'm wrong. 
I have a feeling that they are forcing him out becasue an investor doesn't want anything to do with him. Otherwise why would he sell the shared at.02 shares which is below market value right now, and why would have he waited for so long if he knew the company was going under? 

Although fading....I still have hope....
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