The CEO and the CFO bough ZEST shares at $2.77 - $2.85 thinking they were a bargain.
Not the stock is $2.37, close to all time low, with a 52 Week Range: $2.00 - 17.00.
Beside the food and oil, Ecoark owns a crypto company that was registered for an IPO.
In the DEFY IPO filing is mentioned that Ecoark`s shareholders will receive 80% of the new company!
Last...
Last year ZEST Ecoark had a $20 Million Registered Direct Offering Priced at a Premium to Market of 3,478,261 shares of its common stock at a purchase price of $5.75 and the warrants have an exercise price of $5.75 per share.
And the stock was down ever since.
But the upside is still there, if an institutional investor agreed for that premium to market private...
