Z don't you see a lot of these guys did sell. I went back and saw six publicly posted that they sold their shares or a good portion of their shares "except core holdings." Now they are unwittingly trying to bash the stock , the company, the product, the CEO etc to persuade sentiment on this board so they can buy back at a lower price. They are coming up with nonsense. Where the heck did SONY suing Destiny even come from. Thin air, that is where.
I emailed Steve regarding the naked short position and the reverse split. He informed me that the company knows what the short position is and that there may be an undeclared short position and they have talked to experts in the field regarding it. He reminded me the approval is not for a reverse split but to give the directors the option for a reverse split. This is a stool they need to allow them to meet the listing requirements for NASDAQ. He said regarding the short position, "whether there is or isn't(undeclared naked short), the best way to improve shareholder value is to succeed. Clipstream is a really valuable product with great customer demand.. That is what will ultimately drive the share price."
You are right. You can not have unrealistic expectations. He needs reasonable time to convert the customer demand into customer contracts. It will happen. I hope none of the sellers get an unexpected power outage, which happens frequently, just when the announcement comes out and they miss the big jump in price and then have to chase the rising star.
