RE:RE:RE:RE:Mellon Trust - ASDP - Aug. 7 NI 45-102-F1GrahamB wrote: tamaracktop wrote: What??
When did you decide to become a simpleton?
Pp subscribed to $1,160,000 of the last $2.8 million financing.
A mysterious "group" bought $500,000.
$1,660,000 accounted for of $2.8 million total right there.
In stock AND warrants for 80 cents.
They could have raised $5 million without having had to file a prospectus.
They raised $2.8 million.
It was a private placement, announced After it had been completed.
No underwriter involved.
No underwriter would touch it.
Nobody would have bought it.
Nobody did, but P3 and an undisclosed group and a few insiders
Not sure if that is in reference to my post indicating that PP/insiders sold 500,000 last month?
Think that's pretty clear that insiders have been regularly selling stock
I think it is disingenuous for pumpers to promote shares purchased by insiders given they just turn around and sell them
IMO
From this statement of yours :
Think that's pretty clear that insiders have been regularly selling stock
I think it is
disingenuous for pumpers to promote shares purchased by insiders given they
just turn around and sell them.
From the document posted by Dalesio_98 to start this post :
As of August 7, 2024 the Investor: (i) beneficially owns and controls 67,892,941 common shares,
(ii) controls 5,636,000 common shares beneficially owned by
8339856 Canada Inc. (an entity of
which he is a director, executive officer and the sole shareholder), (iii) controls 1,261,457
common shares beneficially owned by Fiducie de Crdit
Mellon Trust (a trust of which he is a
trustee, executive officer and beneficiary), and (iv) controls 4,000,000 common shares
beneficially owned by The 2% Solution Foundation (a registered charity of which he is a
director).
The last time Peter sold shares personally was 28-10-2022.
8339856 Canada Inc transfered 1,615 000 shares to Mellon 19-04-2023, other transaction 2017.
Only Mellon Trust has been selling shares,for years now.
Aside from this last 200,000 shares bought by Mellon in july, no shares was acquired (save the transfer) since 2021.
So the shares being sold are fairly old.
You can verify for yourself here :
PYR insiders tradings Peter keeps the wheels turning and soon you won't believe the RPM.
TOCKY8008