I wouldn’t count on that. If so, it’ll be exposed, as they have already been hit with one shareholder lawsuit. I wouldn’t imagine they’re that stupid to be selling on insider information. Way too easy to prove that, with the technology today. aka, emails text messages, etc. But, they might not be smart enough to understand, they’re going to be leaving more profit on the table selling at these prices. Just think, if one sells at $.02, what they’ll be thinking when the PPS goes back up to $.10. They’ll always be thinking the more profit they could have made.
Those are a lot of shares to sell, without the infamous acquisition. It’s going to take sometime to sell them.
I believe the reasons are what I’ve stated in my previous post. Plus, they probably also realize this is going to take more time than they expected. The new trial hasn’t even been confirmed, yet!,,. What does that tell you. This will more likely delay the Amazon May trial as well.
And if you need money, you need money. Not a lot shares compared to what they have, or going to have.