CEO and CFO buying at GTEC Holdings (GTEC)

CEO and CFO buying at GTEC Holdings (:GTEC)

Jeremy Christopher Wright, CFO, acquired 200,000 Common Shares on an indirect ownership basis for registered holder Seatrend Strategy Group at a price of $0.550 through a private transaction on March 21st, 2019. The insider also acquired 100,000 Warrants with an exercise price of $0.900 for 24 months. This represents a $110,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Norton Singhavon, CEO, Director and 10% Holder, acquired 41,741 Common Shares and 20,870 Warrants on an indirect ownership basis for registered holder Cannera Holdings Ltd. This represents a $22,958 investment into the company's shares and an account share holdings change of 20.0%.

GTEC Holdings is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

GTEC Holdings Ltd, formerly Black Birch Capital Acquisition III Corp, is Canada-based company that is engaged in the alternative medicine sector. GTEC Holdings Ltd is comprised of a number of cultivation facilities under Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR). GTEC Holdings Ltd is focused on growing craft cannabis in purpose-built indoor facilities. The Company holds interest in GreenTec Bio-Pharmaceuticals Corp., Tumbleweed Farms Corp., Falcon Ridge Naturals Ltd., Alberta Craft Cannabis Inc., formerly known as Grenex Pharms Inc., Grey Bruce Farms Inc., Zenalytic Laboratories Ltd. and Spectre Labs Inc. GreenTec Bio-Pharmaceuticals Corp is the Company's flagship subsidiary. GTEC Holdings Ltd. (GTEC) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $132,958.