Orion Diversified Holding Company Inc (OODH)

[shajandr]

That trade was a Form T trade - an afterhours reported exchange. You see this frequently in penny stocks. It is usually the insider transferring a block to a broker who has been working the block synthetically from his own account (i.e., shorting against the box knowing the insider block will be traded to him).

Here's a way it can work. Insider wants to sell a 125,000 shares. His broker says "I'll work a 125,000 share block and see how much I can dump into the market using my house trading account over the next 10 days - then we'll report the formal transfer of you block to my house account at the WVAP over that timeframe for the shares sold (or a discount to the WVAP). I'll take a 30 percent rip of the gross proceeds and you'll get 70 percent."

So in pennystocks, single large blocks that are REPORTED after the close as Form T trades are often insiders true-ing up accounts with a broker who has been selling that block synthetically for some prior time period. If they were able to dump the whole block volume by the deadline, you often see round numbered blocks - like 125,000. If they were only able to sell part of the block before the deadline, you often see irregular blocks - like 118,200.