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Tuesday, November 14, 2017 10:19:48 AM
While they were primarily selling from the restricted stock holdings in October (since we saw the restricted stock number come down significantly) and not from current conversions...the activity the last few days STRONGLY suggests that conversions are hitting.
But with the TA gagged, no way to find out until the update shows up on OTC Markets.
If they are diluting from those conversions, then the ENTIRE narrative from Cellucci about "Equity Investor Offers" is bullshit...he has always inferred those May/June notes were not to be worried about.
But if they are hitting this stock will see the added selling pressure from those who are bailing on Cellucci because of those assertions by him.
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