Good question dont know.......
Dick knows most of those people, brad pyatt, dylan armbrust etc....
i am sure he sold company shares to raise money, nothing wrong with that, and he probably solicited to people he knows that had some cash to invest in. Isnt that what we do.buy stock in companies that we think will do well..!!
he is still majority shareholder, he was sure to let us know that repeatedly in his company letters before the RS voting.
but how does the vicker report of insiders explain or support that Dick is dumping shares as he pumps up the company......
Those reports only state planned sales.. did they go through...hell if i know...
Dick Pearces name was listed as a pending sale way back in 2005 i believe, and only for a small amount.
Insiders selling not a big deal, believe it or not, who is to know why they are selling. the only insider selling that raised any eyebrows was when Keith Howard sold a million shares. Oh and if i recall they even PR'd that!! explaining that keith just needed some extra cash. Hell even i have been there before. needing to sell some shares to free up some liquid cash.....
You show me proof that Dick is selling!!! not people who probably bought preferred shares way back when this whole thing started!!