Home1, I think you have not quite got here model correct. It is quite brilliant.
I reckon before there first conversion they do as you say and also manipulate price lower.
After first purchase they lay low and let price rise or wait for a announcement. They then dispose of maximum allowable every day.
On some days the share price forces upwards and they make a good profit selling shares the bought at say 3.9 cents for 7 cents.
At the same time converting more shares at say 4. cents.
Some days the 15% tail wags the dog.
Price drifts down but keep selling maximum as still making profit. Price suppression then allows further conversion. Immediate 10% profit n new shares.
Model changes after last conversion. Beneficial to let price rise but I do not know how model works in that phase.
CKA Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
