Aug. 26 at 2:38 PM
$AIAI I fear what happens in November when the countless shares issued to the owners of the 6 initial portfolio companies can sell the rest of their shares in the open market. They're sitting back now watching the value of their companies tank as the stock goes from
$19 to
$4 to .... ? No wonder there is so much pumping going on.
And how is M42 going to sell their portfolio companies to AIAI when AIAI is trading at these levels. The initial 6 got their AIAI stock at a valuation of
$15-
$19/share?
I just don't see how this pans out unless they can pump the stock back up to the
$20+ range...which is what they're clearly trying to do.
Is another Virtus Media contract coming?