You are indeed correct. The best way to 'pull a fast one' on someone is to make something seem like it is not. It seems like someone dumped shares in the market in the middle of the AH run, leaving the perception that this was something untoward.
The filings state that 1 mil shares were issues to BOD member Mr. Horne along with some options as part of his compensation for serving as an executive. Additional options were issued to other directors. The 2,900,000 shares were issued to cover that. The filings state these shares are not being offered to the public.
So...my take is the same as yours. Maybe someone more versed with this stuff can let us know if we stand to be corrected.
Folks seem to easily forget when this opened in the pre up 300% just last Monday morning. IMO, the markets let the hedge funds go to town shorting after those filings hit...they better hope they don't awake to a similar situation where this is up 100+% now that folks actually have the time to read through those filings.
Lastly...thank you for posting that. Was shaking my head wondering why no one else saw that. lol
News 
Market Data 
Discover 
