Well if its legal to do that then its no worse than the shorts that help bring down the pricing in my opinion. Lets face it this company had some financial issues we all knew about coming in and there will be all sorts of crap we have to deal with.
Roxy is absolutely correct! There IS a problem with this...if you're a shareholder. These actions continue to markedly DILUTE this company's value and...
Who the hell is going to buy the shares he's selling??? Some trading house has agree to take those shares and trade them for you when it's time. You think Etrade, etc is going to take SVFC's paper that wasn't traded on the OTC/pink board. No freak'n way.