OK tyler i'll put you out of the misery.
Announcement today was for the exercise on 2m options.
If the intention was to keep the shares then they would just wait until december to exercise.
2m options = $20k to exercise. Why not put the 20k in the bank for a few months then exercise at the last second? Because they aren't holding beyond the exercise point.
There is not enough liquidity in OBJOA to sell that many so they got out the other way. Excercise then sell.
You really need to get out of speculative microcaps if you cry every time the price move 20 bips.
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