LMGDAO!!! Like I said......SCUMBAGS!!! HAHAHAHA!!!
"On Jan. 8, the day before Kodaks crypto announcement, no fewer than seven directors acquired derivative securities convertible to common stock, according to Form 4 filings with the Securities and Exchange Commission.
The securities are restricted stock units, or RSUs, which were granted under Kodaks 2013 Omnibus Incentive Plan (OIP) and vest on Jan. 8, 2019, except as otherwise provided in the award notice, and subject to continuous service as a member of the board of directors, according to the filings. Even with the timely acquisition, theres no guarantee the RSUs will be profitable when they are vested.
Some board members also sold derivative securities, convertible to common shares, on Jan. 9, the day the blockchain news was reported.
Kodak said the timing of the insider activity was a coincidence.
How can this be termed as a coincidence at all, this is what happens when the corporate people decides to start their very own cryptos. There should be an investigation by the SEC in the whole matter because this is highly suspicious and fraudulent.