Post by
Marcello44 on Sep 30, 2024 7:09am
Massive insider selling.
According to Simply Wall St, CEO John Lee has sold almost 1 million shares of ELEF in the last 6 months and now owns an insider share of 1.01%.
Comment by
flush777 on Oct 13, 2024 9:19am
Yes but now John is subscribing for 500,000 shares in the new PP at 49 cents per share with full warrant for 3 years. Total 1,000,000 shares. John sold and took out cash and now investing at a higher price ... a positive momentum, me thinks, if I have this correct. So John was able to take cash out, for say personal purposes, and still retain the same number of shares!