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DewDiligence

08/05/16 6:53 PM

#203203 RE: ghmm #203201

OCRX—Could be, but sales of ATM-derived shares are not inherently more destabilizing than sales of ordinary sales.

p.s. OCRX reported in the 2Q16 10-Q that 530K ATM shares were sold in 2Q16 at an average price of $2.77; that comes to an average of about 8,300 shares per trading day during the quarter.

https://www.sec.gov/Archives/edgar/data/1274644/000127464416000130/ocera2q-201610q.htm (page 11)
https://www.sec.gov/Archives/edgar/data/1274644/000127464416000116/ocera1q-201610q.htm (page 11)