Sure there was a spike up after Hauck sold-SHORT LIVED-once investors realized he wasn't just selling because he needed money for his kids college. Then it quickly sank down into the 0.20's.
Then Chung sold just a few months after Hauck in the 0.20's. Sure it popped up a few cents after Chung sold as investors tried to convince themselves, he just really needed the money. But when reality set it the NOSE DIVE down to 0.12 was inevitable.
Interpret it how you like, the selling off the the VP of Sales 1.6 million shares, and the CFO 3.6 million shares KILLED THE STOCK PRICE as investors began to understand the truth behind the sales.
Until we see Chung open up his purse again, don't expect to see much action from the company.
Just my unhumble opinion!