RE:RE:RE:RE:RE:Add another 1.7MM Volume to the TSXV todayhow would that work damn??? ok so insiders some how have info although no one except the CEO and the CFO should have any type of knowledge as to what the financials shows. If people inside with the exception of these two parties and those preparing have any info that is pretty bad and that is about as close to insider trading that you can possibly get. Ideally speaking, all that information should really go through these two parties and those preparing the financials. Now I am not stupid or naive. Assuming that the insiders beyond these parties know how do you know who is buying up all the shares? There was in the canadianinsider.com nearly 1 million shares carried out privately so whose to say that people were not buying?
I asked a close family friend (the Varshneys--Mogo) if insiders could use other trading accounts and he said yes but doesn't believe they would do so--I kind of chuckled why wouldn't they?
In any case, now assume that they know and there is revenues outflow and if they start buying in the accounts attached to the canadian reporting and the volume increases massively and to the point off of regular trading that will trip off an inquiry by IROC asking about the off pattern trades and what will the company possibly say there are no reason we can think of that has caused this!
Bottom line I think what you have just said is plausible but not always the case. The increase however of trading volume is on anticipation of revenue be earned and shown on this financials otherwise the volume wouldn't have gone up the way it has but if it goes up way too much that will create way too much suspicion.
Again, to me either people believe the company has something or they don't it really isn't all about whether the upcoming financials will show revenue or not.
But that being said as one poster said it doesn't make sense how the company which should be running out of movies without having any revenues is not raising it if there isn't something offsetting it that is my biggest reason for saying that I suspect revenue has to be there otherwise how is the company sustaining operations. I told you what ir said to me that they have been very smart with the monies but that is not going to last as long as it has. Now if the company still isn't drawing revenue flow through and there is nothing on the upcoming quarterly than how long will they go without running out of monies without revenue?
You can't sustain operations as long as the company has without something being brought in i can't see it!!! Anyways, let's see what happens time will tell.