Is there evidence that it is white lion that sold the shares? I can only identify E-Trade bids, asks, sells and buys. Oh let's not forget about Paul. I was not paying attention, I pray Paul is not active here.
If it were them ( no way to know), they are not an investment vehicle. They are a financing vehicle. But who knows who dumped the shares. Lots of loans are being paid right now on a weekly / monthly basis. Also could align with needed funds for marketing push and debit activities. Who knows. But there isn’t any evidence white lion dumped.
A lot of us (even longs) realize there will be dilution. So there is no ‘gotcha’ moment here. Lol
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