Trilogy International Partners Inc T.TRL.WT.A

RE:RE:Another Big Nat. Bank Purchase

[LTOWNER]

No insider trades have been shown for Melnyk since May 16 and no insider markers are shown for yesterday's trades.  Today may be interesting.  Melnyk filed his intent to sell the same day Trimel announced it's acquisition.  Pehaps he was having a hissy fit to see Ian making good on his AGM promise to turn TRL into a commercial stage company.  EM never stops railing against Valeant strategy, which has been wildly successful since buying out Biovail.

zaatar - Melnyk must provide advance notice of intent to distribute securities but you are correct, the Sedar Filing of his intent dated July 17 does not state when selling can begin.  I am assuming 7 days or 1 week notice if sales can begin July 24.

The 1.2 million shares crossed Tuesday were National Bank on both buy/sell side.  I am not sure where you look for volume but the 1.2 million may have traded on one of several alternative markets vs. the TSX.    TMX.com and Stockhouse show all Canadian trades and are therefore a far better indicator of daily volume.

The pp was done at a 6% discount to market price - normal for this type of transaction.  This was all done in a hurry to facilitate the acquisition of Estrace rights.  Without it Trimel may have lost the acquisition.

As for signing a partner - cannot happen soon enough for all shareholders.