RE:RyuThere are lots of moving parts to Ryu selling his shares. Ryu loves DM and don't think he still doesn't have his hands in the pie. I think he still has about 9.5 million options is my best estimate. There is about 3.5 million options at exercise price of 22.5 cents expiring Friday I believe. He has 2.5 million options at exercise at 17 cents which expire on June 30/2022 and he has at least 4 million options (just a guess) at 17 cents during the time DM issued 16 million options. These figures are estimates and you shouldn't rely on the accuracy of these figures, please do your due diligence.
Moreover, the sale of 8.8 million shares probably went to investors with deep pockets. Do you really think that big investors would invest serious money into DM if they think it wasn't going to increase substantially? Also Ryu may have sold money for a variety reasons unrelated to DM such as personal reasons, to raise cash for ScreenPro to get listed on CSE, or maybe to exercise his millions of options to contribute to DM's balance sheet. There are many possible reasons but it's not because Ryu doesn't believe in DM as he is very much entrenched in DM and will continue to be so. I wouldn't make it a big deal for Ryu to sell his shares as it's an overall positive in my opinion. GLTA as this week is very interesting.