Restricted shares do not become automatically tradable once time limits for the restriction has been released. The legends must be removed by the company. I've already outlined the process for that.
As to whether one would wait to dump shares. Perhaps. But in most instances, service providers are not investors "by choice". They have those shares in lieu of cash, and the shares are like an unsigned check, that needs to be signed by the company before cashing it.
Obviously, by the presence of VNDM on the ASK, whomever is selling shares, is not betting on them becoming more valuable.
But, we are drifting away from subject of my original post.
The company knows who is selling shares, but refuses to reveal who it or they are. That is not providing the transparency the AMMX promised share holders in a previous update. And it makes me angry. Because, if it is a service provider, not a problem for me. But if it is one of the employees, board members or officers, that is a definite Red Flag.
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