David Welch purchases...
(checks notes)
250,000 rights on market at...
(checks notes)
$0.00287 per entitlement.
That's a grand total put down on the table of...
(checks calculations)
$717.50
Phew! I am much more relaxed, knowing Welchy reached down the back of his Chesterfield, and found that small fortune to double down on his investment in this venture.
Oh, wait. He hasn't doubled down at all.
Because he doesn't actually hold any shares in the company in the first place. He has 3,000,000 number 30c (!) options that expire this coming August. And we all know they may as well be used as firestarters...
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So that's how much skin this Director has in this game: $717.50
God I love the this BoD.
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