Vandy,
I don't know who the seller is. My previous assertion that it might be related to the Wellness deal isn't necessarily correct. The stock issued in that deal is restricted and can't be officially sold (although there are ways around said things) at this time.
I asked HEPI about it and they indicated the shares were restricted. There were also 2 other debt holders .... which is the reason the share counts are different between what HEPI issued and what Essex reported. Those 2 debtors account for the difference in shares.
I don't care much who is selling (but I always like to try to see if I can pinpoint it and why), but you are correct that someone is taking in some fairly sizable blocks of stock.
Think HEPI moves up as well ..... but part of the reason the stock has declined IMO is the lack of the flow of information. You can't keep shareholders in the dark ...... that breeds uncertainly and provide no one with a reason to buy or hold the stock. HEPI has to keep succeeding with its testing .... keep shareholders informed ..... and provide a clear understanding of the vision and steps to get there.
Well have to see if Dahl can deliver.
Amigo Mike
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