The question is not whether the "company" or Sandy is selling, but if someone who provided financing for shares is selling. Even that goes out the window if all the numbers ie: OS/float are the same.
Question for the board (last post today)... Does anyone have information on how much it costs to get carriage for a new cable channel such as TFN? Does Sandy need a ton of cash to get carriers to sign on or can it be negotiated without a lot of money upfront? An answer to this question might help us determine whether Sandy needs to sell shares at the present time. Don't forget that TFN is bringing in revenue right now with well over a million subscribers in Canada and that must impress potential deal makers. There must also be revenue from advertisers such as Budweiser, Cobra Energy Drink, and GNC to name a few since their logos are displayed on TFN-related sites. My personal opinion is that Sandy is being truthful in his email response when he asked a poster "why would I sell at these prices when I know what I know"? I also guess that potential carriers would be willing to give TFN a leg-up when it comes to signing carriage contracts because of it's fantastic success in Canada.