Monday, June 13, 2022 3:32:56 PM
From watching the volume, and watching Level 2, and the Daily chart, it's my opinion that they sold at minimum between 3 & 7 Mill so far, this is just a Guesstimate, so I could be way off?
But on the last PR we saw over 7 Mil in volume, I don't remember what the "Daily Volume %" that Note holders and Insiders can sell in a day is? But for example sake say it's 15% of the Daily Volume, then on the last PR day that would be approx 1.1Mil he sold that day.
The rest of the days have been a fraction of 7Mil, on a 1Mil volume day, at 15% of the Daily volume, that would be 150K he could sell that day, so you see why it takes weeks/months for noteholders to sellout...
The Daily Volume % rule, is prob less than 15%, I just used it for an example, I can't remember off the top of my head what % of daily volume it is? I really need to look it up...
Thats why I said we have at least a couple months of Dilution to go, 4-5 Months if Steve is selling too, his newly UnRestricted stock of what 18 or 20Mil...
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