That has already been sold into the market months ago as the invoices were at the end of March and had 30 days after to pay which he just failed to put the 8K out then and did it now as they are catching up on everything by getting the filing done. He was supposed to put the 8K out within 4 business days after he got that in March per SEC regulations.
$50k was nothing as at .0045 avg PPS would only have been 11M shares which again have already been sold per the TA updates as it matches the OS increase since then.
I believe it to be sold into market already. My guess is that 8k was put out before the 10k because the shares are going to show up in the 10k. Company is doing things right imo.
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