ICTV Brands Inc. (fka ICTV)

[littlefish]

Maybe a source of some of the shares hitting market (from Q report)?

"During the year ended December 31, 2011, the Company entered into a three year corporate public relations consulting agreement where the consultants received compensation in the form of 500,000 shares of stock, 500,000 warrants with an exercise price of $0.10 that expire 14 months from the date of the agreement, and 1,000,000 warrants with an exercise price of $0.50 that expire 24 months from the date of the agreement. On August 15, 2012, the Company entered into a settlement agreement with the consultants to terminate the consulting agreement. As part of the agreement, the consultants maintained the 500,000 shares of common stock previously issued and all warrants previously issued were terminated. In addition, the consultants received 250,000 new warrants with an exercise price of $0.10 that expire 3 years from the date of the agreement."


Also wondering about the almost $535K debt that can be converted into common at $0.50 per share I think.

"The principal balance of this note shall be due and payable in three equal payments on each of April 1, 2015, April 1, 2016, and April 1, 2017. This note may be prepaid in whole or in part at any time without penalty, and any prepayment shall be applied against the next principal payment due. For the three months ended March 31, 2013 and 2012, $55,000 and $0, respectively, in principal prepayments were made on the note. At March 31, 2013 and December 31, 2012, the balance outstanding was $535,723 and $590,723, respectively. An additional payment of $15,000 was made in April 2013."

Maybe that would be some source of the bigger block trade sales today. Not sure.

I took a small position today. Haven't looked at it very closely but saw larrybaz mention it on the Motherboard and know he is pretty good with some pix so started glancing a bit with the small fill today.