I don't know if they are technically insiders anymore. Also nothing filed recently. They could have not been part of mCloud after they sold the company. They could be external investors that funded the original acquisition etc. Heck, we don't even know if it is actually them. It could be an original investor in mCloud who just got tired of dilution. Who knows. The only thing I can tell you for sure is that if I had 1-3M shares, I wouldn't dump them on the open market. I would find a buyer to tender them at $2 or whatever. But I guess compared to the last raise at 2.10 + warrants, $1.50 might have been all they could have got. I don't know. I'm scratching my head at someone dumping, but Speaking to Wayne, unless he is lying or hiding something, I didn't get the sense that anything in particular was wrong. Like no smoking gun. But I guess we are all here at $1.09 holding the bag.
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