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Bullboard - Stock Discussion Forum Engagement Labs ELBSF

Technology Software - Application
Engagement Labs Inc operates in the segment of intelligent data, analytics, and insights for marketers and organizations to track, measure and benchmark the conversations happening around their brand or industry, both online and offline. Its Solutions include TotalSocial, which is a data and analytics platform that provides brands with unique insights, improved marketing ROI, and strategies to... see more

OTCPK:ELBSF - Post Discussion

Engagement Labs > insider hold 45% now!
View:
Post by JetBoot on Jun 13, 2019 2:45pm

insider hold 45% now!

After Conversion of all Outstanding Debentures, the insider own 45% of the Company!

something is heating up here!
Comment by kulewater on Jun 13, 2019 2:55pm
Hopefully they put the capital raise to good use and start to really scale the business. We need some good revenue growth and visibility to get volume and help chew through some of this overhang. Looking forward to seeing how management and insiders execute for the rest of the year. Its a nice space to be in. Data and Analytics is a very hot sector.
Comment by JetBoot on Jun 13, 2019 5:28pm
i guess they prepare everything for a takeover. otherwise it makes no sens to me why they convert the debentures. 
Comment by kulewater on Jun 13, 2019 6:37pm
Might need the coting majority to orevent a hostile takeover or to pass a shareholder resolution. You may be right though.
Engagement Labs