Yes, but even that Form 4 for 10% didn't have to be reported because CBAY is now pink, and that's why the fact that they filed it at all seems strange to me. Maybe it was done just for "show," but who knows what they're up to. What it showed us is that as of the date of the filing, there were 370 million shares outstanding; that there's a new director, and that this new director now owns 37 millions shares. It sounds good, but is it? Only time will tell!
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