10% owner Bradley Melinda Hodges buys 353.6K shares of JCTC at $2.28, stakes $806.2K in unprofitable company
Bradley Melinda Hodges, a 10% owner, purchased 353,607 shares at $2.28 for a total value of $806,223.96, increasing her holdings to 353,507 shares post-transaction. The purchase occurs against a backdrop of material operational stress: the company reported net income of $-1,248,928.00 (negative) and annual revenue declined -12.4% year-over-year, with recent quarterly revenue at $10,537,210.00. The stock currently trades at $2.49, representing -38.1% from its 52-week high of $4.02, though it has recovered +21.5% over 30 days and +47.3% over 90 days from lows. The transaction represents a substantial capital commitment from a major stakeholder despite the company's negative profitability and revenue contraction, which may warrant closer examination of the financial trajectory and whether this reflects conviction in a turnaround narrative or structural headwinds requiring investor scrutiny.