GREY:PRBEQ - Post by User
Post by
westcoast1000on Jun 07, 2017 6:19pm
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Post# 26337873
huge turnover
huge turnoverToday another 580,000 shares changed hands. At present there are 3 million shares on the bid at .005 and 2 mill for sale on the ask. Recall that only about 40 mill shares in total were held outside of the board chair and a few insiders.
The whole company outside of Morrison's shres is being purchased at these bankrupcy-influenced prices.
Why is anyone buying? Who is buying? Who owns the senior debt? If it is Morrison, what is this whole process all about? Note that the price paid for shares outside of Morrison was probably on the order of .12 for 40 million shares. That is not enough of an incentive to engage in wholesale deceptive practices.