Emotions can cloud the sky when making investment
Post# of 295
(Total Views: 214)
Posted On: 12/05/2019 2:38:44 AM
Emotions can cloud the sky when making investment decisions so I am going to now provide factual information on Wayne Anderson's holdings and what he has sold over the last 2 days
Many of us were surprised that he still owned these shares because based on what he told the Dr. his shares became free trading on Oct 2nd and on October 9th, shares started to hit the street so the assumption was Wayne is selling his 6,647,492 shares he reported on 1/2/2019 with his form 4 filing. We were all wrong. It was not him at all. The only other seller must of been EMET as they owned 1,384,600 shares at that time but we can not be sure of that.
Now we fast forward to the last few days:
First, Wayne is not selling any shares owned by Sylios as they are noted in both of the last 2 days of filings as being 628,476 shares so the filings show Wayne is selling his personal shares which again proves there are NO restrictions to his stock and should be included in the float numbers as I have always stated.
First Wayne owned from his 1/2/2019 filing 28.4% of the current float of 23,438,917 shares. (this number was given to me yesterday from the T/A)
On 11/27 Wayne sold 195,080 shares at an average price of .046 for a total of $8,973.68. After this sell Wayne owned 27.6% of the entire float. 5,823,936 personal shares and 628,476 Sylios shares.
On 12/2 Wayne sold 176,878 shares at an average price of .0303 for a total of $5,359.41. After this sell Wayne owned 26.8% of the entire float. 5,647,058 personal shares and 628,476 Sylios shares.
Now I suspect based on yesterday's trading we will see another filing by Wayne for sells he made yesterday especially the 'T' trade that went off after hours. We will have to wait and see.
The big surprise is Wayne is filing with the SEC when he sells. Even I questioned if he would file, based on his past indiscretions at following SEC laws but he seems to have realized this time it is serious because everyone is watching him.
Wayne Anderson, the most hated shareholder of GCAN and he is selling into strong hands and people are upset? I am not. I look forward to his continued selling of GCAN so he can go buy some more dope on a rope, ear plugs or some damn He Shed. For sure as hell no one is buying any of his UNGS shares so his GCAN holdings is his only source of immediate income.
In fact, with the help of another GCAN shareholder, we have obtained the contact information for Wayne in St Petersburg and we are trying to contact him to make him an offer to buy all of his remaining personal shares at a negotiated price by our group. So far we have not been able to make that connection. Currently we have 8 people who have all offered to put in the cash at a specific price to see if Wayne will sell them to us. We shall see what he says IF he returns our call. If he is in agreement, no single member of the group will have to file an SEC document because it will be split in a manner where no one will own more than 5% of the float.
So when emotions run high, as previously stated, and when the actual facts are presented, things are very explainable. The true fact as of now is, Wayne Anderson still owns 26.8% of the entire tradeable float of the company and his shares are NON restricted because he is able to sell them so the claim that they were restricted just got blown all to heck with the filings posted the last 2 days. JMHO
Many of us were surprised that he still owned these shares because based on what he told the Dr. his shares became free trading on Oct 2nd and on October 9th, shares started to hit the street so the assumption was Wayne is selling his 6,647,492 shares he reported on 1/2/2019 with his form 4 filing. We were all wrong. It was not him at all. The only other seller must of been EMET as they owned 1,384,600 shares at that time but we can not be sure of that.
Now we fast forward to the last few days:
First, Wayne is not selling any shares owned by Sylios as they are noted in both of the last 2 days of filings as being 628,476 shares so the filings show Wayne is selling his personal shares which again proves there are NO restrictions to his stock and should be included in the float numbers as I have always stated.
First Wayne owned from his 1/2/2019 filing 28.4% of the current float of 23,438,917 shares. (this number was given to me yesterday from the T/A)
On 11/27 Wayne sold 195,080 shares at an average price of .046 for a total of $8,973.68. After this sell Wayne owned 27.6% of the entire float. 5,823,936 personal shares and 628,476 Sylios shares.
On 12/2 Wayne sold 176,878 shares at an average price of .0303 for a total of $5,359.41. After this sell Wayne owned 26.8% of the entire float. 5,647,058 personal shares and 628,476 Sylios shares.
Now I suspect based on yesterday's trading we will see another filing by Wayne for sells he made yesterday especially the 'T' trade that went off after hours. We will have to wait and see.
The big surprise is Wayne is filing with the SEC when he sells. Even I questioned if he would file, based on his past indiscretions at following SEC laws but he seems to have realized this time it is serious because everyone is watching him.
Wayne Anderson, the most hated shareholder of GCAN and he is selling into strong hands and people are upset? I am not. I look forward to his continued selling of GCAN so he can go buy some more dope on a rope, ear plugs or some damn He Shed. For sure as hell no one is buying any of his UNGS shares so his GCAN holdings is his only source of immediate income.
In fact, with the help of another GCAN shareholder, we have obtained the contact information for Wayne in St Petersburg and we are trying to contact him to make him an offer to buy all of his remaining personal shares at a negotiated price by our group. So far we have not been able to make that connection. Currently we have 8 people who have all offered to put in the cash at a specific price to see if Wayne will sell them to us. We shall see what he says IF he returns our call. If he is in agreement, no single member of the group will have to file an SEC document because it will be split in a manner where no one will own more than 5% of the float.
So when emotions run high, as previously stated, and when the actual facts are presented, things are very explainable. The true fact as of now is, Wayne Anderson still owns 26.8% of the entire tradeable float of the company and his shares are NON restricted because he is able to sell them so the claim that they were restricted just got blown all to heck with the filings posted the last 2 days. JMHO
(0)
(0)Greater Cannabis Co Inc. (GCAN) Stock Research Links
Scroll down for more posts ▼