Well, I have to agree, There is a seller with unlimited amount of shares to dump. Well, I dont see dumping, Thats how Joe does it, Takes out the BID fast and creates a nice bottom bounce for shareholders. VNDM is either gun shy and second guessing if the story is good and scared to do the deed. He must have been sold a story that rivals Dean's.
As the time factor has crest over the 90 days for the LOI to have any punch, I assume he held too long and he is holding out hope he can get an exit above his coveted .0145.
So why not block him every day till the ASK is in the trips?
Better yet some guy get the few shares sold everyday than he.
Probably a nice batch of T-trades are going on now. How many will we see today 500K? 1MM?
Bet the O/S is kissing 100mm today
Funny, only one selling is VNDM. However, no one is buying. Smart money is sitting on the BID.