Insider selling I guess that is why Mr.Khimji sold some of his shares last week....
He still owns millions of shares,
but his selling kept the stock from moving up higher.
Transaction Shares/ Account Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance
Oct 16/20
Khimji, Mehdi
Direct Ownership
Public market sale Common Shares 0.696
-165,500
Oct 15/20
Khimji, Mehdi
Direct Ownership
Public market sale Common Shares 0.654
-308,500
Oct 13/20
Khimji, Mehdi
Direct Ownership
Public market sale Common Shares 0.701
-290,500
Also in September....
LONDON, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Mr. Mehdi Khimji announces that he has sold 967,334 common shares (the “Shares”) in the capital of Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST)(OTC:VSQTF)(FWB:6F6). The Shares were sold for approximately CDN$0.672 per Share, representing aggregate proceeds of approximately CDN$649,880 (the “Proceeds”).
The Shares represent approximately 1.3% of the outstanding common shares. When combined with other common shares sold, Mr. Khimji now holds an aggregate of 7,032,667 common shares, representing approximately 9.3% of the issued and outstanding common shares. Mr. Khimji also controls an aggregate of 2.5 million options to purchase common shares. The common shares and options would, if the options were exercised, represent an aggregate of 12.2% of the then outstanding common shares.
Mr. Khimji sold the Shares for investment purposes and may or may not purchase or sell securities of the Company, in the future on the open market or in private transactions, depending on market conditions and other factors.
https://www.globenewswire.com/news-release/2020/09/09/2090862/0/en/Mehdi-Khimji-Announces-Sale-of-Common-Shares-of-Victory-Square-Technologies.html#:~:text=Mehdi%20Khimji%20Announces%20Sale%20of%20Common%20Shares%20of%20Victory%20Square%20Technologies,-Email%20Print%20Friendly&text=LONDON%2C%20Sept.,of%20Victory%20Square%20Technologies%20Inc.
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