Monday, October 03, 2016 8:16:21 PM
So are the other insiders taking advantage of his selling conversion and driving the bid down to put the real hurt on him (and us)? He must be desperate.
I saw this happen to Axion Power back in 2010 when the billionaire that was in trouble due to the market crash, the one that funded Axion power big time in the earlier years, liquidated shares as fast he could under SEC Nasdaq rules, with Form 4 pre selling schedules that murdered the stock over time. Then never getting a single real customer order other than field trial orders finished them off.
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