Taronis Technologies Inc (fka TRNX)

[Nomad505]

I'm working on a new theory.

When Carla sells stock it may not be for personal use. She is treasurer of Thunder Energies which is another project that Ruggero is working on. The money from the sales may be used to fund R&D and operations for whichever project Ruggero is working on at the time.

This is what got me thinking along those lines. It's the comment section of the recent Form 4. As far as I can tell it's been the case for all of the Carla stock sales.

"Global Beta, LLC, a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli (the reporting person's spouse) sold all of the shares of common stock reported in this Form 4 pursuant to a Rule 10b5-1 trading plan."

People have been, understandably, complaining about the Carla sales. If she's been using the stock like her personal piggy bank it's one thing BUT of it's not then it's not anything to worry about.

So far I haven't had the time to properly investigate this. Hopefully, someone will more time & experience with put in a little effort and help us get this sorted out.

Obviously, the Carla sales are going to continue. We may as well try to improve the mood. I think that once the process is understood that people won't be upset by the sales.

Carla as treasurer of Thunder Energies.
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=138241648

This shows that all of the sales have been attributed to Global Beta.
http://markets.money.cnn.com/research/quote/shareholders.asp?symb=MNGA