If anybody is mainly responsible for the share pri
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Posted On: 06/14/2022 11:27:38 AM
If anybody is mainly responsible for the share price falling, it's probably John Fife, not a conspiracy of shorts.
He's likely still getting his monthly few million shares, selling into strength and probably shorting the stock in the process. He's been doing this for a year and a half, since the monthly distributions were triggered on his first note. As of Feb 28, we still owed him $40 million in note conversions. Nader's legacy lives on. We'll see how much that total has been reduced when we get the 10K.
He's likely still getting his monthly few million shares, selling into strength and probably shorting the stock in the process. He's been doing this for a year and a half, since the monthly distributions were triggered on his first note. As of Feb 28, we still owed him $40 million in note conversions. Nader's legacy lives on. We'll see how much that total has been reduced when we get the 10K.
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