Gene could not have known if Gendarme would violate the 5% threshold rules in the future. Gendarme had at least 10 days to inform the SEC of the acquirement of those shares.
Its obvious that Gene must have known that Gendarme was violating the 5% threshold rules. Gene sold them 2.1+ BILLION shares. jmo
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.