RE:Dumb questionMaybe it was a head fake by stating they were offering 10 million of there share holdings to entice others to dump. Maybe they never tendered any and it was smaller shareholders that tendered. We will find out soon.
1.16 When do I file my insider report? You need to file your report within 10 calendar days from the date you became an insider if you hold securities of the reporting issuer and then within 10 calendar days after any trades or other changes in your holdings of the reporting issuer. Certain 9 exemptions may allow you to report changes in your holdings later, for example, changes resulting from an automatic share purchase plan. See question 4.9.