This could be a sneaky way of making YPBs financials look better...
The announcement states: “Under the sale facility, the Small Shareholdings will be sold on-market by YPB (acting as the agent for the holders of the Small Shareholdings).”
So, Houstons plan is to buy 165,387,062 shares back from small shareholders at $0.002 per share, for a total of $330,774.13.
Then, (IMO) they will release some nice fluffy announcements and pump YPB.
If they manage to get the share price up to $0.004 and then off load all the small shareholdings that they purchased for 0.002....YPBs financials looks better by $330,000 plus.... a nice “agents” commission and a raise of the middle finger to the small share holders who YPB forced to sell back their shares to YPB at $0.002.
YPBs financials could do with a $330,000 boost to the botton line... they need any boost that they can get (preferably from increased receipts from customers). They also do not increase the shares on issue by doing this, so Houston does not face dilution......hmmm........
I hope my theory on what is happening on the small shareholder front is wrong.... what a crap price $0.002 is to offer shareholders.
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This could be a sneaky way of making YPBs financials look...
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