TSXV:POI.H - Post by User
Comment by
lscfaon Oct 25, 2016 3:45pm
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RE:Chell dumped 4.5 mill shares yesterday
RE:Chell dumped 4.5 mill shares yesterdayproceeds pay for the bridge financing he lent to SLC.....
Arturs33 wrote: Canadian 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....