RE:THEY ARE SAYING"Is selling?" No. Graeme has always had to sell his shares in order to fund the company through private placements. That's one of the best things about him, that he kept this company going with his own money for years on end. But the last time when he did that was many weeks ago, in order to raise funds for the deal with Ocean. That's over and done with now and we're now using that money to produce and generate cash flow. You're repeating what @buff just said on the CCW ceo.ca chat room. I'm sorry for him that he didn't do his research on the matter before he sold his position and missed a double. A number of fair-weather people complained about this at the time and made the same mistake. They merely had to read what experienced investors were clearly telling them and have a bit of faith in Graeme.
"Graeme sells shares all the time in order to buy the private placements or debentures. He doesn't do it for the warrants. He does it to help fund the company. It's really not a bad thing. Times are tough, and financing is hard to come by in a market like this." -- @bounceit, 14 September 2018
"Graeme has been relentlessly working for BHS and has been putting in big loads of his own cash--over all the bear market years."-- @oldbanker, 20 Jan. 2021
"Graeme always does this--not sure why you are surprised. This is how he funds the company; he sells a chunk of shares, and he buys into the PP. Then the company gets some funds to continue on. Yes, I'd love to see a larger investor come on board, but it simply doesn't happen, too small a company to gain their interest." -- @bedrag, 29 Jan 2021
"We've been over this about Graeme and the placements SO MANY TIMES NOW. How else is he supposed to fund the company? And that's what it's about....funding the company. He's dedicated to BHS." -- @bounceit, 29 Jan. 2021