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Posted On: 07/06/2022 4:34:39 PM
Post# of 72444
Posted this AM from Here Today regarding Kips Bay-
"I mean I can see if they filed that they liquidated all their shares and then did another purchase agreement, then yes, they would be considered a Toxic Lender.
But instead, they did the deal for the Class B shares which helped IPIX finance the Clinical Trial and company, and then held onto all those original converted shares of Class A shares which totaled 21,200,000 from 5/03/21. They could have sold and made a tremendous profit at anytime from 5/03/2021 until the results were released in November. But instead they held onto all their shares and have since more than doubled their Share Count!!! That to me is a bullish move expecting something to come'"
"I mean I can see if they filed that they liquidated all their shares and then did another purchase agreement, then yes, they would be considered a Toxic Lender.
But instead, they did the deal for the Class B shares which helped IPIX finance the Clinical Trial and company, and then held onto all those original converted shares of Class A shares which totaled 21,200,000 from 5/03/21. They could have sold and made a tremendous profit at anytime from 5/03/2021 until the results were released in November. But instead they held onto all their shares and have since more than doubled their Share Count!!! That to me is a bullish move expecting something to come'"
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