RE:Cielo's Progress Updated April 18Good post although a few points for clarity. the CEO did sell approx 7 million shs in the run up. The increase in all of the mgmt holdings come in the form of options(which they dont pay for ) and which dilute the other shareholders. Cielo already has a massive 380million shs outstanding and they may be advised to do a reverse split to tighten it up. There are very few institutional investors that can or will invest with this float.