Actually, interesting point. Forget any restriction in the sale agreement- (and I don't know much about securities laws) but what are the rules against majority shareholders of public companies and restrictions on how much they can sell at a time? You mentioned restrictions on OFFICERS but I think it's more of a majority shareholder thing than an officer thing (which, totally unrelated) leads me to not understand why Coleridge would and could come out with that comment about Moreno when it seems Moreno will technically basically own the entire company and could get rid of Coleridge if he wanted to?
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