He did in the shareholder calls, there are less than 600k that can become unrestricted after that dump.
Does it suck? Yes, it was horribly timed for many. I got lucky and had secured a large amount of my profits and simply bought more on the price drop.
Justin is very transparent and helped calm the nerves of the vast majority of investors. There was 125 people on the first conference call alone. Instead of hiding on a plane in fuji never to be heard from again, he took the hit on the chin like a real ceo should.
If that is true and more shares can come into the market, common sense would say, wait till the price is much higher (like plus$5.00) before you sell any. Why sell at such a cheap price when we know the S/P is going way up?
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