NanoTech Entertainment Inc (NTEK)

[shajandr]

A T-trade is where a broker is squaring up the house account with a big block he was working to sell during the trading day - the price is the VWAP of his trades for the block owner during the day. This is how insider blocks get dumped.

Always watch the usual suspects for insider and toxic financier dumping - blocks being worked by VNDM, CDEL, VERT, VFIN, WDCO, BRKT, or BMAK.

The T trades are end-of-day squaring of house account trades with a transfer from the seller's block at VWAP for the trades (sometimes with a discount VWAP, sometimes with a rip taken the gross proceeds).

So those 3.3 million shares were the amount SOLD today from a big block the MM is selling during the day from their house account and then flattening with the client seller block at the end of the day using the VWAP for the sales they made during the day.

Just more evidence of massive dilution and insiders/toxic financiers dumping shares into the market as they can from conversions of aged debt (so the shares are issued free trading and without restriction). In this case, it was Foley's Royal Capital Group dumping newly issued free-trading shares from a backdated floorless convertible note.

HTH.

The Death Spiral is inexorable. Unstoppable. The debt pyramid triggers the share printing explosion. Endless issuances and selling - dilution.