Not to worry, not the shorties here. The company already admitted that they nearly tripled the O/S in December. The sellers you are witnessing are the recipients of those newly printed shares (at super discounted prices) and the FTD's are the delays in the paper conversion of those shares. Paper settlement is always longer that electronic book entries.
What this does tell you is that Hicks has no intention of hanging around for the $1.00 and is dumping these for whatever profit he can get.