Total Apparel Group (fka TLAG)

[StockBang]

I'm guessing it was a Funder of prior diluted shares. Usually when dilution takes place, the company will give the Funder a bunch of shares as payment. When a company dilutes, they usually only get about 35% of the proceeds. If the Funder can't unload all of them, they hold the shares until a later point where they can receive pay,ent for them.

The Funder isn't aware of what's about to happen, they just see a demand and are getting rid of what they had left over. They aren't in the position to ride it out and see what happens. Consider these shares a gift!