10% owner David A B Brown acquired 6.68M shares for $202.0K across 6 transactions at blended $0.03 avg price
David A B Brown, a 10% owner at Global Innovative Platforms Inc., executed 6 separate purchases totaling 6,682,800 shares for $202,000.00 at a blended average price of $0.03 per share, between October 2023 and June 2025. The majority of this volume ($200,000.00) came from a single 2,000,000-share purchase at $0.10 on 2024-09-27, with remaining tranches acquired at or near $0.00 valuations. At the current price of $0.50 (recent listing with only 14 trading days of trading), the acquisition cost of $0.03 represents a significant markdown relative to today's market. The company is currently unprofitable (net income of $-151,386.00 in the latest quarter and negative full-year results), with minimal revenue of $106,500.00 quarterly and a market cap of $24,551,620.50. This sustained accumulation by a major shareholder into an early-stage, unprofitable enterprise reflects commitment to a speculative position.