You guys need to dig a little deeper! The shares that are being released from escrow this Friday are from the Wizdom takeover (originally this was described as 49.5m shares issued at $0.384 per share - I’m not sure why the number being released from escrow on Friday is 49.7m shares but it’s not a big difference). I have no doubt whatsoever that the Wizdom founders are committed long term LVT shareholders and that the chance of these shares hitting the market any time soon is nil. Move on - nothing to see here!
LVT Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held