RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News/update
Respectfully clarifying: 3m shares in total were sold by insiders to one institutional investor @1.93. Upside for insiders is cashing out some shares. Upside for company and all all shareholders is they get an institutional investor (i.e., long term holder, not trader) on board holding what is now +5m worth of shares. Imo, share sale has zero relation to insiders anticipating late filing. If you go with this line of thinking, that insiders somehow knew, then they would also have known to sell at $5 a few weeks ago, which of course they did not. Late filings happen. Investors react negatively. Buying opportunity presents. Hang in there all; it's a bumpy road with new industries.