In the interview he said ETMO raised 450k from the 504. The only way you can raise money through a 504 is by selling shares, and lots of them. He also paid some vendors with shares but that is using stock to cover debt and is seperate from a 504.
daiello. Doesn't really prove that Alan was selling 504 shares. In the recent interview, Alan made the statement that naked short selling was responsible for the current share price. I could be that Shorty knew that Alan was using 504 shares to fund projects and figured that those shares would be sold into the market which gave them a reason to sell NSS shares. It is entirely possible that the fall in price is entirely due to NSS with contractors still holding those 504 shares for higher prices. That seems to make the most sense to me.
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