CryoPort Inc (CYRX)

[coldasice]

I just glanced at today's SEC filing.. Pages 85/86, titled, lockup period agreement.. The only individuals locked up, CryoPort directors and officers.. The representative has an option I believe to exercise a warrant and receive 80k in common shares. Since the 80k is considered compensation by FINRA, those particular shares are locked up for 180 days.. No where does it state that the clients of the
representative(s) are restricted.. Unless someone can point out otherwise, it certainly seems that the shares being sold the last few days, are the participants of the current offering.. As of today ,1.3 million shares have been sold,out of a total of 2 million shares.. If all 2 million are actually sold, it could take one or two days more to end the nightmare..And if that's the case, the pressure will subside.. BUT DON'T TAKE MY WORD.. READ THE FILING, PAGES 85 & 86..

There's also a rule about shorting during an offering, rule 105.. Interesting..If any of those short trades prior to the closing of the offering were related to anyone participating, the party associated with the violation, most likely would face a SEC fine.. Some have been severe.. And those short trades are easy to trace.. Again, do your own DD..