The company averaged 1 press release every 2 months prior. I was hoping to build momentum & then we saw a LARGE former CEO‘s share holdings subside. It seemed this person was selling all of the unrestricted shares they had… The initiatives announced take work. We were rejected by the accelerator because they do not work with publicly traded companies (had never before) the decision went to the owner of the company & he said it would cost him more in legal fees & since he did not know the process he was going to stick with what he knew.
The company averaged 1 press release every 2 months prior. I was hoping to build momentum & then we saw a LARGE former CEO‘s share holdings subside. It seemed this person was selling all of the unrestricted shares they had… The initiatives announced take work. We were rejected by the accelerator because they do not work with publicly traded companies (had never before) the decision went to the owner of the company & he said it would cost him more in legal fees & since he did not know the process he was going to stick with what he knew.