Protagenic Therapeutics Inc. (PTIX)

[Barney Vissur]

Back up a second, we can't verify whether or not Fong was actually spoken to, but let's presume he was spoken to. So, someone want to speculate on this wherein Fong allegedly said what he said about BD and that they've sold most:

- a Form 5 submission is required from an insider who has at least one transaction which was not reported during the year. Form 5 submissions are due to the SEC no later than 45 days after the company's fiscal year ends, or within six months after an insider ends his or her affiliation with the company.

Does a Form 5 need to be filed on a sale or only on acquisition? Just speculating whether BD may be holding those shares and/or still acquiring or if, they have, indeed, been selling off. Any opinions are welcome. It won't have much of an effect, long-term, but may have a short-term effect.