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Wednesday, December 19, 2012 1:54:57 AM
Charmaine's expected date to sell the first block is the end of January 2013. The second block is expected to sell approximately March 15, 2013.
If something is going to happen, it would make sense to register the shares very early to get the news out of the way. Planning to sell next year at the end of January and middle of March may be our first indication that something is going to finally happen. It makes no sense to me that if Charmaine is going to dump his shares, that he would announce it this early. I don't think he would sell on insider information. There is nothing I know of that would be wrong with registration on insider information. The selling may come after public information is available.
There are plenty of other shares out there that may be selling off because the owner thinks BI will not make it.
One of two things should happen to indicate there is life in Borkland. Either the chill comes off or an updated financial filing or both. Lacking either one of these soon, then BI may not make it.
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