Post by
SmartMoneyGal on Nov 16, 2023 10:55pm
Few Shareholder Control company not board/not management
Look at news. Warrant exercise few month ago; management beg large shareholder to exercise...price lower and lower for warrant. That mean management talking to shareholder that control company. Those shareholder control share price. No other company do this. No one call warrant holder and beg to exercise. Did managment call you? How many shareholder in public company get call from management to buy/sell shares/warrants? No one does. None do this. But this company do.
Any public company need money - they do private placement! Not this company. They beg warrant holder and lower price of warrant. Why? Becus major shareholder would punish company - sell shares they have. Wonder who these majot shareholder are? Why need more and more equity at cheap price. Greed.
This company control by major shareholder. Maybe offshore. Management scared or they would be fight - or there more to know about management/board.
Study and look news release - look at share price. Sharehold collusion not allow.
Think think think -