RE: CAN'T DECIDE ?? the canadian insider link below explains 1,44 mil of the insider trade value. link below..>>>
https://www.canadianinsider.com/node/7?ticker=GCU
There are employee options expiring on October 12th totaling 1.45 million. Yesterday Schmitz &
Levinson each exercised 400,000 options @ $1.00 for a total of 800,000 shares. They then each sold
their shares aquired into freindly hands(800,000 shares @ 1.80 each= $ 1,440,000 total). This explains
the $1,440,000 insider trades posted by 20/20/12 earlier.
The balance of the insider sells of $ 717,768 probably represents approx 400,000 shares sold as part
of the approx 2.0 million shares being exercised under the warrants expiring on Sept 23rd @ 65 cents.
So there still remains for the balance of 2012 another 650,000 employee options expiring on
Oct 12th @ 1.00 each. And Finally on October 29th there are 3.135 million warrants expiring
@ 1.25 exercise price each(I believe Sheldon & Pinetree owns 600,000 of these warrants in total).