Oct. 16 at 3:39 AM
$LGO This is where I think people have it wrong. They sold 14.2 million shares at 1.22, yes.
But at the same time…the buyers are going to want to do everything in their power to see that go for more than what they paid for it.
Not only that, but it gave this company more time to do what they do and possibly even expand.
It was a mutually beneficial transaction for the both of them.