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matt24d

12/05/13 11:30 AM

#286471 RE: europtiger #286470

I think this is just the stock consolidating here. Its a tug of war between buyers and what ever sellers are left or getting impatient.
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$oldier Hard

12/05/13 8:49 PM

#286554 RE: europtiger #286470

ROX .78. They can pop this one when-ever they like imo my friend. The 8k did state that they were going to "from time to time" sell a few shares.
So like matt, I agree it's being accumulated and as soon as da boyz get what they want it'll pop nicely. I'll be adding as they become available.
On November 14, 2013, Castle Brands Inc., a Florida corporation (the "Company"), entered into an Equity Distribution Agreement (the "Distribution Agreement") with Barrington Research Associates, Inc. ("Barrington"), as sales agent, under which the Company may issue and sell over time and from time to time, to or through Barrington, shares (the "Shares") of its common stock, $0.01 par value per share ("Common Stock") having a gross sales price of up to $6.0 million.