There is another clearer way to show the sp manipulation.
On Friday 5 June, Alleron sold 62,887 shares for $81,034.99
On Monday 9 June, they bought 91,992 shares for $ 109,454.00
Put simply, Alleron bought 29,105 shares (91,992 – 62,887) for $28,419.01 (109,454.00- 81,034.99) for an average price of $0.9764
This $0.9764 is a whooping 23.5% discount to the closing sp of $1.275 on Thursday (the day before Alleron took advantage of the market)!
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