(Total Views: 366)
Posted On: 01/10/2018 11:37:46 AM
Post# of 75357
Re: Jerseyfish #41124
Just a little perspective for everyone here.
If Michael Welch has the top end of 24 million shares or so and if he was to sell them all at once at .10 cents, he would make out with $2,465,809.
Do you REALLY think a CEO of this big company is going to sell all his shares for that little amount? We are talking about a CEO. These guys don't sell ALL of their shares at once too.
And that's at .10 cents too. They're likely projecting a massive run up and accumulating shares right now. That's why you saw them all buy in at the recent dip. They must be confident all the issues the company faced in the last year are behind them.
If Michael Welch has the top end of 24 million shares or so and if he was to sell them all at once at .10 cents, he would make out with $2,465,809.
Do you REALLY think a CEO of this big company is going to sell all his shares for that little amount? We are talking about a CEO. These guys don't sell ALL of their shares at once too.
And that's at .10 cents too. They're likely projecting a massive run up and accumulating shares right now. That's why you saw them all buy in at the recent dip. They must be confident all the issues the company faced in the last year are behind them.
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