RE:Tembo sells and no insiders buying? Obviously you don't know the history on MAR.to which is now MARI.to.
This is for the newbie’s.
There is less than 10% shares in the public hands. There’s like 4 or so big boys. Tembro is one of them. They bought pre split in 2018 @ 5 cents and 2019 11.5 cents. After the reverse split the average cost would be $1.75 but that’s just a wild guess. The profits would be $2.75 X 9.4Mil = $25.8 Mil in 6 years, not too shabby. There should be a filing coming out on how many shares they have left. So the sale to me means they want to lock in some profits which I don't blame them.
I always complained that the public was never in on the PP because the 4 or so big boys want total control. At one point somebody would setup 100 shares at 1 cent increments on both sides of the sell and buy on level 2 with hardly any shares being traded. That has disappeared but there are still lots of 100 shares here and there getting traded with no major volume. You can thank the 4 owners for this situation.
JMHO