SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Solv Ex (SOLVD)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 993racer who wrote (3264)6/3/1997 5:12:00 PM
From: Dominic Cerino   of 6735
 
Racer,

Did it ever occur to you that maybe insiders selling stock to raise cash allows them to exercise options and warrants which in turn creates cash flow for the company. I do not know what kind of option plan Solv has but at these low prices it would make sense to me for them raise cash like this. It has been done before and it allows the company to raise the needed capital bypassing investment bankers and loan sharks like ML. Just a thought of mine.

Dominic
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext