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Posted On: 02/03/2021 11:21:59 AM
Post# of 145247
I agree. Friday closed at $5.55, which was the last trading day of January and we have not seen the S-3 filing for the January $7.5M note payment yet. A 15% discount to $5.55 is $4.72. 800,000 t-trade from yesterday close at $4.72 is $3,776,000, or almost exactly 50% of the $7.5M payment. Hopefully he is out of shares after today. I suspect we will see another t-trade today based on the action so far and can confirm these were Fife shares when the S-3 is published.
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Please do your own due diligence. All my posts and comments are not to be considered investment advice.