Clarocity Corp CLRYF

Versant Partners

[Veteran1]

Is the Selling House responsible for a lot of the big selling spikes as they are 100% net sellers of the stock.

2nd biggest net seller of shares in August at close to 500,000 shares with no buys and 2nd biggest net seller for September at 500,000 shares+ so far. About 40%+ of teh net selling is coming from here. Who they represent is typically instituitons.  So  I guess somone is instructing them to sell. As Zaio only has 54 Mil shares and 1 million shares have been sold by Versant in the past 5 weeks, (almost 2% of the shares) I woud hope that their liquidation will come to a end soon.

As for the .50 shares being issued to pay for 20% of the outstanding payment obligation and 20% at current market valuations and this being a smoke screen as one party believes I would disagree. If Zaio is so close to bankruptcy and insolvency, why would these 2 firms take on 40% equity risk when the bondholders get paid 100% of the proceeds before any common shareholders would if the company went into bankruptcy procceedings.
It would be better for them to take on 100% debt position and if a bankruptcy and reorg was to occur then the debt could be converted to new equity shares at that time giving  Kirchmeyer and Associates and Realinfo would have a major majority position  considering all the 54 million ZAio shares would of got wiped out if teh company is really worth $0.

As well insiders own approx 14 million shares out fo the 54 million shares outstanding or 25% worth.
I am sure through the bunch of them and mortgaging  their summer cabins can come up to the cash to take ZAIO through this tight cash flow period as thay have a major financial interest in it.

Just my thoughts

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