Next Green Wave Holdings Inc. NXGWF

Can anyone explain what a 3rd party derivative sale means?

[ashcake]

 

Filing

Date Transaction

Date Insider Name Ownership

Type Securities Nature of transaction Volume or Value Price

Jun 4/19 Jun 3/19 Jennings, Michael Direct Ownership Common Shares 70 - Disposition (writing) of third party derivative -4,250,000 $0.388

Jun 4/19 Jun 3/19 Chow, Paul Direct Ownership Common Shares 70 - Disposition (writing) of third party derivative -1,090,000 $0.388

Jun 4/19 Jun 3/19 Jang, Gordon Direct Ownership Common Shares 70 - Disposition (writing) of third party derivative -319,500 $0.388

Jun 4/19 Jun 3/19 Hughes, Leigh Indirect Ownership Common Shares Amended Filing 70 - Disposition (writing) of third party derivative -913,004 $0.38

[1bananaman]

  To do with the conversion price of the 6 mil derivitive, at .388 cents per, does it mean they bought lots themselves, Iam asking, not telling? I'd like that answer myself,it would show a lot of confidence if they are involved to the extent, tat is for sure!