RE: Michael Hilmer acquires additional shares of HANK Well I picked up 100 k myself in addition to the little bit I bought at .115 so definetly brings my average down to current market price. I still am baffled by how low the share price has sunk with the current revenues(growing), Costs are being managed with meaningful results to the bottom line. I have researched Uptempo Inc and they have not sold any shares that we I no of unless they have not publicly disseminated....To me its worth a shot at these prices....
- I await the following approvals of the repricing of the Warrants which is a big incentive here.
- closing of this most recent PP
- National Canadian licence agreement negotiation continues, and the memorandum of understanding has been extended into March as the parties work on finalizing the agreement and identifying early large-scale enterprise partnerships.
- Five Hank education products are nearing completion and expected to launch successively, starting with the April, 2023, semester. Demand is high across the United States, and the company is already receiving interest letters from early adopter colleges.
- Two student record companies have approved Hank as a value-added partner, representing about 2,300 schools with access to approximately five million students.
- The company expects to enroll schools monthly commencing in calendar second quarter, earning revenue almost immediately following school activations.
Michael Hilmer acquires additional shares of HANK It looks like Michael Hilmer has picked up another 100,000 shares. The purchases were made on March 15, 2023 in 2 transactions of 50,000 shares each for a total of 100,000 shares. Michael is an insider of the company and though I shouldn't read much into the transactions, I don't think that he would be acquiring shares if negotiations over the Canadian license agreement were not going well. Afterall, why would you throw away good money after bad, on an investment that was going wrong. Just my opinion. Don't take my word as gosphel, do your own DD. During the month of March Michael has carried out 4 transactions to date and been buying shares in the open market. Wishing everyone good fortune and good buys. Have a great day on the markets.