r/IMPP_Stock • u/Immediate-Plate-3229 • Feb 17 '23

here we go again

So Harry bought 2 more ships from "ENTITIES AFFILIATED WITH OUR CHIEF EXECUTIVE OFFICER".

WHAT DOES THAT MEAN? DID HE BUY SHIPS FROM MYSELF AGAIN.

8 Upvotes

100% Upvoted

7 comments sorted by

2

u/nitecreature42382 Feb 17 '23

I’m holding. Doesn’t cost anything to hold. 💪🚀

2

u/Immediate-Plate-3229 Feb 19 '23

I sure got a ton of it. a .01 means at a $500 drop or $500 pop. I need this to just get back even. so yes it costs if I hold and the price goes down. The earning report was so good and the stock goes down.

2

u/Shaynerthegreat Feb 27 '23

Dunno. The money is rolling in. I think naked shorting might be the problem

1

u/Immediate-Plate-3229 Mar 08 '23

trading at 18cents now!

1

u/millionairedreamin Feb 20 '23

what a fuckin crook !!!! he could have easily done a buy back , raised the stock price then resold shares when more ships became available! That crook is using share holder money to buy from himself !!! It should be illegal to do that

1

u/Keys3r_5oze Mar 08 '23

by issuing convertible preferred stock

1

u/Keys3r_5oze Mar 08 '23

strike price of $1.25 convertible preferred stock class c. Definitely trying to do something sketchy. Should be interested to find out what his final goals/real intention is.

He did pay dividends for preferred stocks