You bring up a good point about the filings, but I do not believe they are always necessary. Then again, I am not an attorney and I could be totally wrong about this.
When IVFH acquired FD, they did a share exchange. I do not remember seeing any 13D's filed. Maybe I just missed them. It would be interesting to check. But until they start selling the shares, I am not aware that anyone needs to file.
Regardless, I think 1 million shares dumped on the market would do a lot more damage than you estimate. Now realistically, no agreement is going to allow someone to do something that reckless. If the shares are to be unrestricted, it only makes sense that there will be limits on what can be sold. Even still, this stock is under pressure. A prolonged period of additional float will not improve the situation. Just the prospect, I believe, will push this down another dime. If all heck hasn't broken loose by then, I think this stock will be a screaming buy, despite my differences with management.
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