GREY:JWCAF - Post by User
Comment by
The6Kidon Dec 06, 2019 3:55pm
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Post# 30430370
RE:Why is this going down? Trichrome Financial
RE:Why is this going down? Trichrome FinancialThey have 1.7M warrants at $0.42 stashed away for the long term. They can sell/short a portion of their 984K shares in a controlled manner to drive the price down knowing they will be receiving another roughly 300K shares and 600K warrants at "market price" when they issue the second tranche of the loan. Easy short for them and can cover with the shares they know are coming their way when they issue the second loan tranche.