Pounce Technologies Inc. V.POI.H

Chell dumped 4.5 mill shares yesterday

[Arturs33]

Canadian insider reported that Chell sold 4.5 million shares yesterday privately. I think that's means the shares did not hit the market, correct me if I'm wrong. 
I have a feeling that they are forcing him out becasue an investor doesn't want anything to do with him. Otherwise why would he sell the shared at.02 shares which is below market value right now, and why would have he waited for so long if he knew the company was going under? 

Although fading....I still have hope....

[Wallcrawler]

Lol, well i wonder who bought? Now id like to see erica fired. Walks away with a mil in his pockets. Nice lol. 

[Leafs4Life]

He couldn't have sold that many shares at 2.2 cents in the open market.  It would have driven the stock under a penny. Here are the bids: They don't add up to 4.5 million.   0.03 153,000 13 0.025 1,734,000 21 0.02 582,000 13 0.015 420,000 8

[Wallcrawler]

Canadian insider says a private sale, so it wouldnt have been in an open market, and im refering to the millions chell has put in his pockets, sale on oct 21 was for 90 grand. And your right he will be first in line if a sale happens.

[LucasNorth]

Hi Folks, Have a look at SPZ.Vn .. in media and online promoting industry.. They just had good news today with Calgary Entertainment/ Calgary Flames.. I don't know who much contract is worth but I think more than six figures which would double previous Q revenue.. They are grwoing very quick actually..

[lscfa]

proceeds pay for the bridge financing he lent to SLC.....