Pretty sure they're just dumping all of those newly unrestricted shares, but why? If this SAGA deal is so great and right around the corner, why dump in the 04s? Just doesn't make any sense.
I was also thinking over the weekend. I would really like to know what Chandra was referring to 15+ months ago when he tweeted that a "Monumental Shift" was coming in 6-12 months. I doubt they new about SAGA back then, so what was he expecting and/or talking about?
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