Michael Stein and others buying at Cliffside Capital (CEP)

Michael Stein and others buying at Cliffside Capital (V:CEP)

Michael Stein, a Director and 10% Holder, acquired 5,750,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on July 14th, 2021. The insider also acquired 1,437,500 Warrants on a direct ownership basis at an exercise price of $0.200 for three years. This represents a $1,150,000 investment into the company's shares and an account share holdings change of 25.8%.

Five other insiders also participated in smaller amounts. 

Cliffside is focused on investing in strategic partnerships with parties who have specialized expertise and a proven track record in originating and servicing loans and similar types of financial assets. Cliffside's strategy is to generate revenue as an investor, affording its shareholders an opportunity to invest in the growing alternative lending sector with the potential for attractive yields and minimal operational risk.