The doubt was a direct result of an improperly filled out Form D by the company! The conclusions here were accurate based on that filing!
DO NOT blame an accurate interpretation of an incorrectly filled out form for the selling... put the blame where it belongs... on the guy who couldn't correctly fill out the form! The fact that EXPH has an ex-CEO that was willing to let his stock get clobbered for weeks rather than admit that he screwed up filling out a form should be your real concern!
Sorry, again, there is no proof. Anyone who can read disputes your theory, OUCH! I do agree with one thing you said that I hope isn't false or clearly manipulated and THAT is a new CEO. Cross your fingers, I think you're in for a surprise or no show [Freudian slip}.
So where are legitimate filings in face of all this news?! Ohhhhhh?