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Pounce Technologies Inc. V.POI.H

Financial Services
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

Pounce Technologies Inc. > Cameron Chell joins private placement
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Comment by Leafs4Lifeon Mar 15, 2016 11:01am
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Post# 24659663

RE:RE:RE:Cameron Chell joins private placement

RE:RE:RE:Cameron Chell joins private placement
lscfa wrote: As predicted. Looks like a gypsy swap.


Can you clarify something for me lscfa

It says that Chell sold 1.4 million to the market on the 9th and then bought 1.4 million on the tenth. 

What is the motivation to sell those shares on one day and then buy them back the next. Why be on both sides of the trade?  Does he get access to the warrants somehow? Did he figure out a way to funnel the capital into the company treasury? 

I'm a bit confused by the trade.
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