It's selling or anything like that because the numbers, if accurate, changed during the recent spikes upward, and insiders would have to report it beforehand I think, but maybe someone exercised options on common shares before the merger or something like that? Only a guess though.
The increase was before this got going, not much either, and from the sale of stock to J.P. Carey ... do some checking in the filings, don't just wonder.
The number of shares of Common Stock of the issuer outstanding as of March 20, 2008 was 26,591,546.
The number of shares of Common Stock of the issuer outstanding as of November 12, 2007 was 24,796,546.
We generated $17,950 through the sale of 1,795,000 shares of common stock to J.P. Carey Asset Management LLC, an existing shareholder.
Joseph C. Canouse, the brother of John C. Canouse, is the president and sole owner of J. P. Carey Asset Management, LLC.