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Topic: Re: {Bakewell} Get an equitable stake in a transparent & growing mining company (Read 396 times)

full member
Activity: 224
Merit: 100
You have it backward, I sell and then balance - putting me at the loss while waiting for shares to sell, not putting shareholders out of pocket up front.

2500 were sold
1500 then got sent to G&M
1000 then got sent to me - I paid out 252 as bonus shares on private sales, leaving me 748

that accounts for the first 5000 shares - a public tranche of 2500 and then a balancing

the other 700 shares currently outstanding are part of the second 2500 share tranche

Neither myself nor G&M have been balanced against those 700 yet. Balancing happens AFTER all share sales in the tranche.
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