Well more than half of Nanollose's shares come out of escrow tomorrow. Time will tell if there is a rush for the exits. I still suspect not as these shares probably relate to sophisticated investors or insiders and they are unlikely to want to sell cheaply when the price is less than half of what they paid at IPO.
I might be wrong however. If there is a mad dash for the exits, if the price gets low enough, I'll be picking up some more.
The Codi contract is only a matter of months away and the commercial deal with a fibre manufacturer might not be that far away either. It's been quiet on the announcement front and hopefully good news is imminent.
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