RE:Check sedar to find out who the "accredited investors" areCostanza34 wrote:
It was mentioned here last week that MMCap was the main investor in the 2016 and 2017 bought deal and they are a hedge fund that short and also do convertible arbitrage. Well, if you check sedar you'll see that they own 75million of the 100 million of the latest bought deal. Looks like the manipulation will never end...
Yes and the media reports that they hedge their deals with massive short positions. What better way to unwind a short position with a 1/5 reverse split AND to broker the next equity deal and the height of supremes growth. So mmcap is taking no risk while locking in huge profits while providing funds to mgmt. Buttering each others bread.