Seems notice related mostly to dilution from placement. They sold 500,000 to take them under the threshold. They are still holding >13 million shares.
Since the placement news this stock has been soaking well. Want to see a bounce like a tennis ball soon, preferably within 10 days of the recent high. Otherwise expect a new base will form in this range.
Ann: Ceasing to be a substantial holder, page-2
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