That could be what they are setting up for. A proposed sale is just that, proposed sale NOT a sale. These people file a 144 to sell butcannot sell for a period of time. When they get ready to sell after time expires (see SEC rules, cant remember time frame) then they can sell when ever. So when/if the 10k pops and stock is sitting at $50+, the insiders can sell to cash in without problems
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