Bob should have given an update on Dutchess. Just because he said a few weeks ago he had sold next to nothing through Dutchess. No way to know if that changed since then.
Second, CTSI.....I have heard that TD Ameritrade a huge online broker has started routing orders through CTSI. So a lot of the older trades through AUTO might be simply routing through CTSI now.
Third, big picture......hello? Regardless of who sold so far...Bob still needs to raise a big chunk of cash. He has 50 million shares registered to sell through Dutchess. This need for money has not gone away.
Fourth, those Director Form 4's.....those stay open for 90 days regardless of whether the director sells anything.....this way they have the right to sell those 144 shares if and when they choose to sell. So no, you don't get another new Form 4 everytime they sell. They already did their filing with the open ended Form 144's. They just need to keep the 144's open/current by filing an updated 144 once every 90 days.
Fifth, Dutchess deal is focused on the bid price not the ASK. This is what happens with Dutchess deals the bid comes under attack. Lower the bid goes, the more money Dutchess makes. Which could be why you have almost every trade going off at bid during this price drop.
Sixth, most important.....until Bob solves MMRF'S needs for cash, this pain could continue imho!
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