More Selling Tuesday
Sold Last Tuesday
Trade Date Feb 28, 2017
377,823 Shs Sold At $0.51
Filing Date May 2, 2017
Previous Form-4 Selling
Oct 14th - Feb 28th there were a total of
13,445,468 Shs sold by Maxwell Pte Ltd.
They are wholly-owned by Cairnhill Investments,
which in turn is wholly-owned by Fullerton Pte Ltd,
which in turn is wholly-owned by Temasek Holdings.
Jan 01, 2017 - R Asadorian CFO - Sold = 29,186
Nov 01, 2016 - John Melo, CEO - Sold = 37,580
Nov 01, 2016 - J Cherry, Pes R&D - Sold = 9,301
* All In Addition To Other Dilutive Events
TOTAL SOLD SINCE OCT 28, 2016 = 13,521,535
Form D's & S-3 Since Dec 2016
Approximate Share Equivalent Guess = 74,648,300
Current March 2017 Outstanding Shs
Guessing about 353,607,210 or even higher
( Sept 2015 the OS was 140,374,297 )
ATM (At The Market) Dilution
On March 8, 2016 the company entered into an "At The Market (ATM)" Issuance Sales Agreement with FBR Capital Markets & Co. under which the Company may issue and sell shares of its common stock having an aggregate offering price of up to $50M from time to time.
That could be an additional 100,000,000 Common Shs to be diluted into the OS and Float at today's pps, plus anything else.
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