The Jacobs trust was selling 10000 shares per day for a long time and then stopped about a month and a half ago. My guess is that when they found there could be an accounting issue in the fourth quarter, the trust decided to wait until after the results. Nobody believes me, but I actually look at that filing as a good thing - the trust has never sold prior to bad news. Kellogg and Granite are not insiders, they participated in the private placements and are getting their shares registered.
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