Insider sellingYes, everyone likes to point out that Chuckie converted his warrants to shares but why did the following sell over 7 million with Hugo selling 98% of his CBW shares? This has been posted before here with nit much said
Updated Wednesday Feb 07, 2018 02:29 AM EDT
Hugo M. Alves, a Senior Officer and Director, disposed of 1,500,000 Common Shares on a direct ownership basis at prices ranging from $1.883 to $2.206 between January 23rd, 2018 and February 5th, 2018. This represents a $3,229,536 divestment of the company's shares and an account share holdings change of -98.4%. Michael David Lickver, a Senior Officer, disposed of 1,000,000 Common Shares on a direct ownership basis at prices ranging from $1.860 to $2.206 between January 24th, 2018 and February 6th, 2018. This represents a $2,084,490 divestment of the company's shares and an account share holdings change of -21.4%. Jeffrey H. Tung, CFO, disposed of 1,000,000 Common Shares on a direct ownership basis at prices ranging from $1.860 to $2.206 between January 23rd, 2018 and February 6th, 2018. This represents a $2,084,490 divestment of the company's shares and an account share holdings change of -19.5%.