GREY:BUGVF - Post by User
Comment by
HyunDreamon Jul 09, 2020 5:56pm
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Post# 31248345
RE:WHY OH WHY
RE:WHY OH WHYThat is not bad everytime, but for Primo, it is bad for now. We only have about 150MM shares out. That is not too many for rollback. Also, when you look at the financial statement, Primo is running business by shareholder loan by management teams. Also they settled the debt to common shares. It means that even we do not see transaction of shares from management team on public market, they still increase their shares by debt settlement. that is why we see insider share correction sometimes. If we do rollback, they can lost power of thier shares. So..I think it is not going to happen this time.