RE:RE:RE:RE:RE:RE:RE:Alan owns too much to be selling on the open marketHe's accumulating mostly through option/warrant exercises. Like the the 1,300,000 share purchase in June of 2020 at 5 cents! The 270,000 block at 15 cents in July. The 203,000 block also in July at 14.5 cents, and so and so forth. ALL of his large purchases are through options and warrants, which he then slowly liquidates a small portion of his holdings.
Does he have a right to sell, of course. I'm not saying he doesn't. All I'm saying is he is adding dilution to the market with every sell from an exericse because those shares are coming from the Treasury or previously issued stock. I'm not saying he's not buying on the open market, but those buys are small in comparison to those option/warrant exercises. He's holdings a massive amount of stock that can obliterate the stock price if he so chooses. He is the sword of Damocles.
He has a right to sell, and I have a right as a tiny shareholder to call out what has been happening. I also have the right to extrapolate. That is what those SEDI reports are intended to provide.
https://ceo.ca/api/sedi?insider=Brimacombe%2C%20Alan%20Douglas