Mike, you will find no argument from me. You could be absolutely right! On-the-other-hand you could be wrong!
NOTE: THE BELOW IS AN ILLUSTRATION, ONLY. Any similarity to actual events, or, what actually happened is pure coincidental.
At this point, in time, I think that one of those entities mentioned, by Barry, needed some money. They probably, exercised the options @ 8 cents, and sold their shares from the options @ around 23 cents per shares. They may have cleared around 15 cents per share X 3,333,333 options, or 1/2 million dollars! Or, they could have exercised the options, paid their 8 cents per share, and are now in a position to sell the shares at what, they hope, will be a much higher price. If this be the case, then that would show that they have much confidence in the present management. Who knows the truth? Not I!
Isn't RBB the Bank in Austria? If so, then they had 70% discount coupons. They probably were regaining part of their $1,000,000 loan!
They have confidence in the present management, or they would not have loaned them $1,000,000.00, to begin with! They are holding many more options and discount coupons! Banks are strange "creatures"!
I do not know the truth! If anyone does know the truth, for sure and for certain, then please let me know!
Thanks,
JAKE |
