GREY:CCTXF - Post by User
Post by
ctblizzardon Jan 10, 2018 9:35am
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Post# 27321763
Still wondering what the real facts are here, and ...
Still wondering what the real facts are here, and ...We were told and found out that the "pro group" represented about 80% of the first private placement at 7.5 cents. Yet we are seeing quite a bit of selling since the PP was free to trade in December. There are no insider trades showing for anyone in a long time . Eric stated he took a piece of the first PP. Surely his shares shoud either 1- show up or 2- he should be marked as "no longer an insider" depending on what percentage he owns.
No other insider trading has been shown yet of that 400k in the pro-group, someone has to have enough stock to be an insider (at least one). Where is all the selling coming from? Are people selling short then investing in the PP at 22 cents? This is why these PPS at levels much lower than the market price are dangerous.
In November the PP was announced (the new one). Since that time the only thing that has happened is a small group has been able to sell and make money. The company has not closed on anything and now new news of a bigger PP.
As for who is buying all this stock, that is another mystery, I would presume someone knows more than we do at this point.