Just further evidence of a capital restructure in preparation for a merger/acquisition or change in ownership. Think about what's going on here. Is this a move by Johan Eliasch to liquidate/destroy/dilute a $3.5MM market company or a move to create a company that has real value? My guess is he's out to make money as opposed to appointing a CFO with M&A experience while at the same time burning money through their legal department just so they can throw the company in the garbage. Let's see what happens to the rest of the Cowen shares before we come to the conclusion that all the activity we're seeing relates to something sinister going on. There could be any number of reasons why he disposed of some of his shares. My opinion is that it has something to do with the ownership structure. This is a $0.29 cent stock for crying out loud, it makes no sense for players of this caliber to be meddling in this company if there wasn't serious money to be made. It would be like Lebron James setting up a lemonade stand just so he could make an extra $50 bucks while tarnishing his reputation at the same time.
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