RE:RE:RE:re optoinsDumont,
I didn't once mention the amount of previously vested of shares Mr. Marinaccio held; I spoke specifically about the options exercise and disposition of $500.000.00 worth of resulting GRA.T shares.
So, Mr. Marinaccio stands to come into a $500,000.00 windfall if the company or anybody else willing to buy all those GRA.T shares which he is prepared to sell lends him $1 Mllion, which the company will add to treasury following the company facilitating his exercise of those options by either lending Mr. Marinaccio that 1 Million or having some other person or entity, ultimately the intended purchaser of the resulting GRA.T shares, lend Mr. Marinaccio the required funds . . .
If it wasn't the company itself, those shares had been purchased by whomever it was that lent Mr. Marinaccio that $1Million or so needed to exercise his options,
By the way, you could expect those shares were purchased by the $1 Million or so lending party in order for such a tranche of GRA.T shares to be "pledged" in selling short GRA.T shares leading up to and following the Q2/2024 financials release and that following conference call.
Does Mr. Marinaccio know or care about that possibility? The answer to such a questions are yes and no respectively.
He wants his $500,000.00 and to hades with regulations potentially aiding a short selling campain etc.
You do know why this is happening now Dumont?
It's becuase NanoXplore "minority" equities investors are always the marks and that simply isn't going to change today or anytime in the near future.
It's the old tried and true and seemingly scheduled Mr. Soroush Nazarpour sandbagging of the NanoXplore "minority" shareholders.
When reviewing the coming Q2/2024 financials, simply take note of all the various expenditures having been booked, perhaps taking NanoXplore very deeply into negative adjusted EBITDA.
That is what Mr. Marinacchio knows. That is the information he likely also took into consideration before making the deal which enabled him to exercise those options and divest of the resulting shares.
ridethewinners was absolutely right.
The very timing and the very nature in which this particular options exercise was facilitated and undertaken present very bad optic optics for a company's officers and directors, persons who seemingly merely claim to be wanting to entice the institutional investments community professional at having a look at NanoXplore and taking up an equity investment position here.
These kinds of maneuvers are disgusting and the fact that repetitively NanoXplore "minority" equities investors are to become victimized due to the specific outcome resulting thereof . . .
Suffice to say that it's nothing new for NanoXplore and "the street" knows it.
Bring on the expected and seemingly always scheduled and promptly timed wave of NanoXplore short selling community attacks.
You stated "In any case, it also seems to me that if you unhappy with 25% of your holdings in GRA , by all means reduce your position......but you don't have much time - 2.5 days by my reckoning, if you haven't unloaded by now."
I would have to dump another 25% of my net worth into purchasing enough NanoXplore shares with which to merely attempt to get myself out from what has seemingly turned into a GRA.T share price which may be about to go off the rails.
I can do that anytime and contrary to the timeline you've suggested, there is no deadline for me to do so Dumont