Are you confused with regard to forms. Several times you have stated that PBLS should have filed a Form D prior to (your claim) selling shares on the open market.
A Form D is what an individual files to reveal capital gains and losses each year with the IRS.
A Reg D allows usually smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC.
Airdale
This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.