He's probably talking about me. I've repeated what the company has stated multiple times that, "The company intends to see these 3rd party loans paid off and shares returned either by their respective due dates or sooner if funds become available".
There's always an enormous amount of speculation which almost always turns out to be wrong that tends to be accepted as fact on this board. We still don't know if or how many collateral shares have been sold, though based on Swede's share count he seems to think quite a large amount. Also, if sold, they could have been sold at much higher prices than now so if the majority were sold at $3-5 then they can continue buying up shares until those prices and not be at risk for huge losses. With the TF, the company has made payments and had shares returned multiple times. The concern is with Loan 1 and 2. For these loans we've also made a payment back but not enough to have shares reduced and returned but we'll find out about Loan 1 in a few days. Perhaps all shares will be returned and everyone will realize there was no significant boogeyman seller but themselves. Perhaps it will reveal it was the lenders selling collateral shares, we will see. I think everyone is looking for a reason as to why the stock price has been so weak but it is very often I hear people on this board who have said they have sold out or will not buy until they hear news etc. Many shareholders (including eventual institutions who are the only ones who really matter in the long run to me) are/have been waiting for the company to give them a reason to buy and up until this point they been working on it but failed to deliver anything. I think that's about to change and when the tide turns it will be swift.
