ridiculous scare tactics !!! again !!! not only with lack of evidence, but defies common sense....
if it is a private placement or convertible, usually 6 - 12 mos before they would be eligible for sale .... SO HOW DOES THAT CAUSE A PRICE DROP NOW ???
now what if these proceeds were used to erase convertibles coming due ? if anything, that would prevent further price drop NOW ....
my "what if" is certainly more likely, than the shares involved could be sold now ....
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