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Re: None

Thursday, 07/20/2017 8:39:31 PM

Thursday, July 20, 2017 8:39:31 PM

Post# of 63558
Well, Abe's up to $453K on the year as of today, 7/20/17. So... He might sell another 25-30K shares in the next couple days, or maybe he's done. My guess is he's going to hit $500K like the last 2 years where he sold $529K and $514K respectively. His grand total since selling the company's namesake is now just a hair under $2.2 million.

Additional thought... 453-500 is 47. 29+14 is 43... pretty close to an average of 500/year right now. Maybe that's it?

Nah who am I kidding. Tomorrow is Friday. I bet we see one last sale tomorrow on a high volume day, taking his annual total over $500K. Then we see the last Form4 tomorrow after hours and then next week something big happens...

It will also be interesting to see where the company stands with its debt on the next ER.

The last ER CC the new CEO explained, "Total debt outstanding at the end of the first quarter was $2.2 million, of which $1.6 million is for convertible notes, a portion of which bears no interest. The remaining debt, $660,000, is a result of acquisition and equipment financing. "

Source:
https://seekingalpha.com/article/4072334-sunworks-sunw-ceo-charles-cargile-q1-2017-results-earnings-call-transcript?part=single

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