When you study rule 144 and you realize that Hovendick has to hold his shares for a year before he can sell any it makes sense. On March 23rd report it showed Hovendick got his shares back. Per rule he has to wait a year and then can sell 16.7 million per qtr or 1% of the float. Does that make sense why he would delay until he could sell his shares. All his shares are restricted now so he cannot sell right now anyway. Go look at otcmarkets and there is 377 million shares restricted. So why the hell would HD care about merger being announced sooner when he can’t sell anything. Not saying 100% that’s what’s happening but at least that puts things into context.