GREY:ALEAF - Post by User
Post by
thekgs68on Oct 25, 2017 7:04pm
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Post# 26859206
Additional Banter
Additional BanterI see some additional banter on Insider selling...
I think that any insider selling by MacLennan or Klassen are based on Shares acquired from the Four River Venture days, which was the company Canabo reverse tookover. They could've had shares as low as $.075 to $.15. As well, neither MacLennan or Klassen have many of those shares left...approx 200k per Sedi, and are now receiving NEW Options at $.45 or much much higher.
As at July 31, per F/S's there was approx. 2 million Options with an AVG price of $.90, and newer Options issued just this month of approx 600k at $.45. And not much of any of these Options has vested yet...
So whatever insider selling is still coming, it won't be much more. It can't be.
Insiders sell for so many many reasons...tax planning, etc, or maybe it's to exerise Options in another Entity MacLennan or Klassen are affiliated with...but the overall volume is just too small to care.
This ticker is a beaut!