Hi D
Rifici or maybe bodgers can shed some light on this?
I would imagine cougar is referring to Noble investments selling down to get a lower VWAP for the convertible note conversion.... although 99.99% sure is a rather high degree of certainty.
If thats the case, we should see a change in substantial holder notice soon.
I mean Noble were lucky enough to be able to participate in the 1c option issue even though they hadnt had their notes converted to shares... so talk about a greedy bugger.
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