Post by
essence1 on Oct 26, 2019 1:25am
FYI
What the hell does this mean?!
Comment by
CannabisHero on Oct 26, 2019 9:27am
It means that the CEO believes in the company. He invested his own money.
Comment by
Stocks101007 on Oct 26, 2019 9:33am
That was in August, and just filed now, what if he didn't file the part where he sold off in September yet?
Comment by
CannabisHero on Oct 26, 2019 10:16am
Unlikely because he needs to own shares to participate in the rights offering as advertised.
Comment by
Stocks101007 on Oct 26, 2019 10:31am
True, but he coulda also sold and bought back in at 26 cents right now and can still participate right? I'm long and invested, just throwing out ideas so we all don't get blindsided again, no negativity here just conversation.
Comment by
CannabisHero on Oct 26, 2019 10:38am
Yes he could, but he is likely in blackout right now as they have a quarter being released soon, and the rights offering. It would be extremely shady even if he could do it. He likely doesn't want scrutiny from regulators.