RE:PPP-Mellon recent 400k share sale ended in a huge purchaseThanks claudemic, hopefully this puts a nail in the naysayers who were attempting to use this sale to create doubt in investors. The vultures will continue to hover, looking for their next opportunity to create doubt. It's all noise, PYR and Peter are the real deal, and I suggest shorts cover quickly or face the dire consequences. The PYR story is only now being discovered by a much broader group of investors and IMO the NASDAQ listing will be confirmed this week. JMHO of course!
claudemc wrote: Mellon completed their sales of 400k shares at market on Feb 12. I think they recovered more than they were expecting. From the time they announced and start selling on Jan 21 the first 25k sales were at $2.85 average on that day and the last 25k on Feb 12 at $8.78 average.
In total they sold 400k shares at approx average of $5.54 for approx. total value of $2,217,530.00.
They then exercised (also on Feb 12) all 3,448,276 warrants they were holding @ .58 for a total cost of $2,000,000.00.
Must be nice, they sold 400k shares to buy/add 3.5 million shares.
stay safe!