RE:RE:RE:Huge NEWS.....lockup period extended thorgb1 wrote: deleuze68 wrote: I was never really expecting key executives to sell as they are so emotionally invested that many times they will go down with the ship. The focus has always been on the other 51% that didn't agree to the extension. I can also see this press release doing more harm than good as it now puts the lock up expiration in focus. I wonder if the executives are going to start taking a salary now too.
Yeah, sure you did bud. You been claiming P&D for 6 months, and just a few weeks ago said you couldn't wait until the 16th. So I ask again, how can it be a P&D if there is not any dump?
This is what I wrote February 10th,
"It's not just insiders. 13.5 million shares will be released from lock up on March 16th. Insiders own about 65% so even if they don't sell that's still 4.7 million shares, or more than 10x the daily volume, that will almost guarantee be dumped. One of the shareholders is currently suing Facedrive because he didn't agree to the lock up and Facedrive won't release his shares. You telling me he won't sell the first chance he gets?" That's how there can still be a dump.