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Posted On: 05/04/2020 11:54:19 AM
Post# of 145882
Quote:
"On April 30th, the same day Samsung was due the final payment under the $30 million in purchase orders, Pourhassan sold his shares. The message boards are flooded with many theories, but the consistent theme is likely the truth. Samsung’s payment was due to be funded by the same financier that did the last round of financing above market. The rumors indicate it was scuttled by a look back provision in a prior contract that was dilutive. Sources have explained that the company was being held hostage for a sizable block of shares that would have put undue pressure on the price. Based on history, it’s likely that pressure is coming from the same seller out of Chicago who put pressure on CYDY shares the first time it hit $1.50, which corresponded with the Culper report. There is clearly an internal leak at this shop in Chicago and Pourhassan’s financing could create a massive short squeeze if the shareholders don’t freak out like many have been witnessing on the message boards this weekend."
Sorry, but if this is your "well documented" source, you shouldn't be investing. This article is nothing more than pure speculation presented (and now interpreted by most here) as fact. Sadly, it's not too different than what the shorts are doing: taking bits and pieces of data and spinning it to fit their own prerogatives.
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