Gage Growth C.GAGE

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$2.44 ......... Well that was disappointing.

[Styless]

A couple false statements here.

1 - ALL insiders and management were locked up. Not possible for Linton to sell beyond the immediately available non restricted shares which was only 10% of total holdings

2- Linton was not awared any shares. Only warrants. The warrants are not deeply in the money, so highly doubt he exercised shares to lose money. So, also not possible. His position would also be updated on SEDI (canadian filing system). So, not true. He hasn't sold. HIs second trache of warrants are not even in the money

3- Usually an undewriter would. but this was a direct list. There were no underwriters. These guys had enough demand for the stock to not use a middle man. 
Guys, this has been a private company for years. Some guys got 5c 10, 75c and 1.50 stock. it's going to turn a bit before it likely goes higher.

Part of prospectus that discussed Linton's position

On October 8, 2019, the Corporation acquired Rivers Innovations Inc. (“Rivers Innovations”) via a three-cornered amalgamation (the “Innovations Transaction”). The transaction was completed on November 7, 2019 whereby the Corporation issued 34,491,601 Subordinate Voting Shares, 4,422,000 warrants and 88,440 stock options. The options are exercisable until August 28, 2024 at $1.14 per share. The warrants are exercisable until March 10, 2022 of which 50% are exercisable at a price of US$0.12 and fifty percent (50%) are exercisable at US$1.70 per share. Bruce Linton was appointed Executive Chairman of the Corporation after closing.