put his two announcements together from 7 June and today, you'll see he has used the stock as collateral to purchase some calls on a spread of $0.40 to $0.56, the bank has "borrowed" the stock to lend him the $. the bank would have bought stock to cover the call so he's effectively buying more shares
after all the shorting by the hedge funds over the last 6 months (check out the substatial notices to find out who that was), why would he want to short his own company!
duh!
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amen !, page-15
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