Kindcard Inc
OTC:KCRD
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We don't have any information about KCRD's insider trading.
Kindcard Inc
Glance View
KindCard, Inc. is a fintech and paytech company, which engages in the provision of alternative closed-loop payment solutions to consumers and businesses. The company is headquartered in Boca Raton, Florida. The company went IPO on 2019-06-27. The Company, through its wholly owned operating subsidiaries, Deb, Inc. and Tendercard, Inc., provides alternative closed-loop payment solutions to consumers and businesses. Deb, Inc. targets the high-risk merchant market where businesses operating within advanced verticals and e-commerce are incurring higher transaction costs, utilizing a robust compliance policy for onboarding users and businesses in accordance with federal and state regulations. Deb, Inc offers its proprietary consumer app and merchant services platform, Pay with Deb, which operates on a closed-loop system, whereby consumers can purchase Deb Tokens to store in their wallet and use them to make purchases through the Pay with Deb merchant network. Tendercard, Inc. provides independent merchants with a gift card and loyalty platform, allowing businesses to purchase their own proprietary gift card program to promote and sell to their own customers.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.