Pounce Technologies Inc. V.POI.H

What's up with all the volume today?

[Leafs4Life]

1.5 million shares trading below the alleged price of the private placement. 

Does anybody know anything?

[BumpInTheNight]

Those shares were traded at .10, but 30,000 shares were traded at .095, just look at the chart.

[lscfa]

1.4 million shares occurred in 1 cross trade - PI Financial to PI Financial.

[lscfa]

the 1.4 million was an insider sell. Probably Cameron Chell. I bet he is selling $0.10 shares to buy PP shares at $0.10 with warrants attached.  

[lscfa]

forgot to post the link.... https://www.tmxmoney.com/TMX/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en

[Leafs4Life]

This post has been removed in accordance with Community Policy

[StyllLerning]

Iscfa - That would make sense if you were Cam, but you would still have to find someone willing to buy your 1.4 M shares at 0.10. They weren't on the bid, so it was more likely an account transfer.

[HagenvT]

If You ar "Cam", how You like to express his name, it would not make any sense at all. Why would he buy 60.000 at 0.09 $ the other day (Feb 25) and then sell 1.400.000 only 2 weeks  later ? Do You think, this is investing ? I would rather think, that the financing deal implies some restructuring of existing share packages, held buy management.

[StyllLerning]

What I was suggesting would make sense was if Cam was able to sell 1.4 million shares at 0.10 and buy 1.4 million at 0.10 with warrants, then of course he would do it. However it is not feasible, because he would have needed to find a buyer of the original 1.4 M. I agree the 1.4 M swap was likely a restructuring of sorts. I am hopeful it is a positive step towards closing the financing. We need

[OnlinePayments]

This is likely typical insider sales by Mr. Chell and his company, "BIG" Business Instincts Group, much like what they are doing with Vogogo. There are a core group of common insiders in both companies. Apparently, neither as or will generate any revenue and the money made by the insiders is by stock sales to new investors and on the market.

[freddie1]

Also same with Urthecast. Have you not noticed? Cam is also a 'founder' of UR but the company tries to keep that off the radar....................Cam's next venture on deck is Cold Bore Technology. Watch out! Note Elfenbein is former chief of Mood Media. He was there when sp was $4. He 'left' following the company tanking. Siskinds law firm investigated a class action. Mood is

[OnlinePayments]

Actually, Mr. Chell and "BIG" have 8 companies that the are "founders" and insiders of retaining no less than a 50% interest, in each. These include: Trace Intelligent Systems, Cold Bore Technology, Urthecase, Slyce, Vogogo, Healthcare outcomes Worldwide, Play it Gaming and some other entities. It would appear the intent with each is the standard reverse merger into a shell

[lscfa]

It's called a gypsy swap. An institutional investor that does not want to participate in the PP for whatever reasons buys a whack of shares from mgmt and mgmt replaces their shares by participating in the PP. Inca One: The insider sale was a gypsy swap on  29 August, 2015 Inca One Gold’s (IO.V) share price got hammered in the past week after some trigger-happy

[Leafs4Life]

Anybody know what to make of all this volume? It's about 8x the average.  And, if it is one deal as lscfa points out, who are the two parties involved? Is this good news or bad news? Are we to infer that the deal is getting done?

[lscfa]

leaf, click on level II tab at top of page. You will see for yourself.