RE: Chill Out3 Feb 2022 20:40
Sorry Village. I've been at work - its been a long shift as someone stole one of my wheels on my trolley ! Several patients coming in for routine check ups like a wonky leg , or a pain in their arse were accidently taken into Cardiopulmonary Resuscitation land and are now on life support. Hay hoe , government should invest more in better trolleys.
Ill just say this quickly as its nearly time for your bed. This can be tonight's bed time story - something to think about when your carer has left and your tucked up in your bunk.
John Story : taken from previous RNS s of Zoetics.
Seemingly John story bought in at 6p a share, way back in the 2020s and increased his holding as time went on.
Today it looks like he's leaving at around 7-8p a share.
We know that on the 9th MARCH 2021 ( significant date) the Zoetic share price reached its peak from the low of approx. 6p to £1.06 and then fell back to around 7p this week.
Now on Feb 2020 John Story supplied Zoetic with a £330,000 loan note and also subscribed to approx one million shares ( (950,000 shares ) both at 6p a share.
The crucial factor here is that although John Story continued to increase his holdings as time went bye, the SP also continued to rise - which turned out to be a Pump and dump - the two deals I just mentioned in Feb 2020 stipulated that he had to convert the £333,000, loan note at 6p a share AND the 950,000 shares at 6p by March 2021 ?
Now, I'm not a great believer in coincidences when it comes to shares, however can you believe it this date happened to coincide with the £1 share price high !!!!!.
I think its safe to assume that he is no idiot and would have sold near the top, as his rights would have expired two weeks later. The selling , triggered the and probably caused the Share price to stall, and to begin its slow but fatal fall which is still playing out today - and where coincidently ( again another coincidence) he is now selling out / down his holding.
The original £330,000 loan note increased to a at least a x 15 bagger ( if he sold at a conservative 90p = £5 million return) and his 950,000 shares rose in value from (£60,000) into £ 900,000 approx.. Therefore an outlay of £330,00 plus £60,000 in Feb 2020 = £390,000..................... gave a potential profit of £6m in March 2021.
So irrespective of anything John Story did or did not do since end of March 2021 . He had already made a killing on his original investment in Zoetic.
I think for reputation, he needed to continue to hold a significant number of shares even though the sp was being shorted and was way of its true value. This he did and is selling now. However, he has already made his money.
There is no evidence and i may be wrong but i cant get the thought out of my mind that "someone" who had this opportunity in April 21 could have been behind any shorting that took place and lasted from April 2021 to today.
Just my thoughts and probably w