Orwellian1984 wrote:
1. Haywood Sell activities
To get a better understanding of Haywood dunps it is important to select a right time frame
Haywood has sold (shares):
a. since July 2018: 36,336,856 shares
b. since Feb 2018: 34,557,911
c. since 1 July 2019: 33,150,619
d. since 1 Sep 2019: 31,966,093
e: Since 1 Oct 2019: 30,966,093
f. since 16 Dec 2019: 30,866,093
g. since April 20, 2020: 26,963,000
Haywood also has order for almost 2 Million more shares to sell and he may even add more.
No doubt the last 3 months orders by Haywood were all from the same seller. But what about the older ones?
2. Insiders holdings
By July 2019"
William Simpson: 40,401,268
Gary Gene Zipfel: 29,553,627
Peter Saladino: 22,939,151
I like also to include:
Phillip Millar: 3,137,081
A: Peter Saladino
He was my first guess but it turned out not to be true. Haywood has dumped much more. than his holdings.
B: Gary Gene Zipfel
He resigned from GLH borad on Sep 2, 2019. But like Saladino Haywood has sold more shares than his holdings. Unless assuming the massive sell since April 20 is from him. In this scenario so far he sold 27M shares and has 2M shares more listed. After that he will have only 0.5 M shares left to fully deplete his hand.
C: William Simpson
He had the most shares and could be behind all the dumps. He has been on a sabbatical leave of indefinite duration since February 4 2019.
Assuming:
a) his trade activities will not be reported on SEDI if on Sabbatical (I am not sure about it)
b) all Haywood sells since then are by him
He has sold 34.5M shares. Is selling 2M more shares and after theses he will have 4M more shares to sell by his iceberg orders that will come up.
d) Phillip Millar
His case is very confusing to me. But why Millar? He barely had only 3M shares left in his holdings. Simply not true.
Millar has 3 lines of openning balance on SEDI from OCT 2017. That time he had 39,666,650 shares
But there are also OTC reports to review:
July 31 2018 Millar owned 33,928,572 shares. This shows a reduction of 5,738,078 shares.
But there is another huge reduction: OTC report in May 2019 reveals he had only 5,323,810 shares by 30 April 2019.
a) either sold 28,604,762 shares in this period.
b) or transferred them to a relative before being a member to be listed on SEDI. This way he could sell whenever he wanted without being exposed and also lend them to the short sellers meanwhile.
Later according to SEDI Millar sold 7.734M shares between May 6 and July 17 (through canaccord and Anonymously). Interestingly in the OTC report he did not have that many shares. Is he obtained them as part of his sallary and sold them immediately between the two OTC reports in May and July? needs further investigations.
Any way, if scenario (a) to be true Millar is not behind Haywood. But if scenario (b) being correct then at least he had 31741843 (28,604,762 + 3,137,081) shares to sell since last August.
Interestingly GLH terminated the employment of Phillip Millar, effective September 30, 2019 without any explanation. As I remember, GLH has also compensated him with some millions of more shares but did not find it by googling.
3. My own guess
a) Millar has all the records to be the top candidate. His shares is very confusing and it seems to me since begining he was involved in a game and literally being fired by GlH wights more on this guess. Because of complexity of his case it is hard to for me to find how many more shares he has to dump but it should be close to its end by him but maybe not others such as the new dump by CIBC.
b) the next question will be: is there any possible link between Philip Millar and Chris Parry?
Why the management does not comment on the reasons behind Philip Millar's termination of employment? Trying to prevent a legal action that will damage the company as well?