Catch the Wind Ltd V.CTW

Looks Like It was The Ex CEO Selling

[trytomakeabuck]

TSX Venture Exchange

Company Name : Catch the Wind Ltd.						Last Updated: March 8, 2012
Date	Symbol	Insider Buys Volume	Insider Sells Volume	Insider Buys Value $	Insider Sells Value $	Insider Buys Transaction	Insider Sells Transaction	Currency
03/08/2012	CTW	0	22,460,000	0.00	2,362,865.00	0	150	CAD

[peakoiled]

Since there was 29.5M volume today and 22.4M was an insider...I wonder what made up the difference? Stop losses maybe? Or did some major player buy up a bunch of the 29.5M at .10 and is now flipping it back at .145 (nice tidy profit if that is the case). Anyone have a breakdown of all the trades today? Phil Rogers will be kicking himself when this goes back up to $2/share in a few years.  

[Rock34]

Is it possible that his wife and daughter had a number of shares and they dumped into the market yesterday as well?  They wouldnt be considered insiders on the report but have been mentioned on the lawsuit.   I suspect that this is the case.