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Mighty Kingdom IPO (MKL), page-9

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26/04/21

16:29

Post #: 52728803
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Originally posted by Ipo411: ↑

Alright so it was Alium who dumped 2.6m shares on the first and second day. They initially disguised it using a different custodian and they only chopped the stuff they got as convertible notes at 24 cents so are still in profit. They are the sole reason why the stock has traded terribly, it never had a chance. Will
need some good news flow to turn and some stern words with them which I understand has already taken place, but this stock will perform well as they achieve their IPO objectives.

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Thx mate for the info. Good to know the facts.
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