News release explains one thing......After the first financing on Nov 24 for $1 million, it was expected that Anonymous would be selling approx 2.3 million shares to take advantage of the terms of purchacing a unit (1 share + 1 warrant) at $.45.
However, Anonymous kept the selling at full speed ahead, long after disposing of the 2.3 million shares.
Looking at the House positions beginning at the first date of announcement of a financing till today, it shows that Anonymous has in fact sold 4.6 million shares since Nov 24.
4.6 million shares * $.45 shows a net sale of $2.07 million, which covers the amount of investor purchace for the 2 financings.
This explains the news announcement today of an additional $1 million to the coffers!
Can we expect this selling to be over now?
| House Positions for C:TNY from Nov 24 till now. Note 4.6 million shares sold by Anon |
| 2 RBC | 1,623,368 | 750,259 | 0.462 | 604,423 | 270,969 | 0.448 | 1,018,945 | -479,290 |
| 7 TD Sec | 1,170,377 | 541,745 | 0.463 | 335,548 | 151,906 | 0.453 | 834,829 | -389,839 |
| 85 Scotia | 931,802 | 427,496 | 0.459 | 230,088 | 105,654 | 0.459 | 701,714 | -321,842 |
| 79 CIBC | 676,108 | 306,902 | 0.454 | 247,958 | 111,015 | 0.448 | 428,150 | -195,887 |
| 83 Mackie | 401,500 | 181,837 | 0.453 | 5,000 | 2,200 | 0.44 | 396,500 | -179,637 |
| 124 Questrade | 235,630 | 109,649 | 0.465 | 44,950 | 22,521 | 0.501 | 190,680 | -87,128 |
| 14 ITG | 119,700 | 54,914 | 0.459 | 2,000 | 920 | 0.46 | 117,700 | -53,994 |
| 33 Canaccord | 131,824 | 60,687 | 0.46 | 43,039 | 19,294 | 0.448 | 88,785 | -41,393 |
| 89 Raymond James | 58,335 | 26,349 | 0.452 | 0 | | 58,335 | -26,349 |
| 94 Hampton | 51,000 | 23,352 | 0.458 | 0 | | 51,000 | -23,352 |
| 88 Credential | 53,040 | 24,918 | 0.47 | 13,281 | 5,843 | 0.44 | 39,759 | -19,075 |
| 70 Manulife | 30,000 | 13,900 | 0.463 | 0 | | 30,000 | -13,900 |
| 9 BMO Nesbitt | 282,181 | 127,812 | 0.453 | 263,250 | 120,845 | 0.459 | 18,931 | -6,967 |
| 84 Ind Trading | 8,767 | 3,905 | 0.445 | 0 | | 8,767 | -3,905 |
| 13 Instinet | 21,500 | 9,222 | 0.429 | 18,000 | 8,177 | 0.454 | 3,500 | -1,045 |
| 19 Desjardins | 8,975 | 4,145 | 0.462 | 8,950 | 4,177 | 0.467 | 25 | 32 |
| 212 Virtu | 100 | 46 | 0.46 | 412 | 197 | 0.478 | -312 | 151 |
| 28 BBS | 40,000 | 18,500 | 0.463 | 52,061 | 23,427 | 0.45 | -12,061 | 4,927 |
| 80 National Bank | 109,545 | 49,479 | 0.452 | 138,700 | 62,568 | 0.451 | -29,155 | 13,089 |
| 36 Latimer | 12,884 | 5,861 | 0.455 | 44,500 | 20,772 | 0.467 | -31,616 | 14,911 |
| 1 Anonymous | 729,156 | 330,700 | 0.454 | 4,643,632 | 2,141,210 | 0.461 | -3,914,476 | 1,810,510 |
| TOTAL | 6,695,792 | 3,071,678 | 0.459 | 6,695,792 | 3,071,695 | 0.459 | 0 | 17 |