RE:Stock price down due to share lockup...adrianlol5 wrote: Alot of ya'll seem clueless as to what is going on so here's why....
"37,830,000 subscription receipts issued pursuant to the Private Placement are subject to a hold period expiring December 10, 2017 and 17,170,000 subscription receipts are subject to a hold period expiring January 8, 2018. The common shares issued in exchange for the subscription receipts will bear the same hold periods as the respective subscription receipts."
There's a share lockup next Monday. While these shares being released from lockup probs wont get sold its the fact that its being released is driving the price down..
Same for December 10.. Hive dipped down and after Dec 10 it went up agian due to a short squeeze.
Thank me later.
Sssshhhh, you're going to upset Mackieresearch. I think the guy is having a seizure or something.
Must be bagholding at $6. Lucky for him, he'll probably get his money back when they decide to pump this thing up again.