Ann: Quarterly Activities Report, page-141

Most of the late selling seemed to be in sizable chunks from 400,000 to 1.4M shares. There was also a late sale on Thursday of a million shares, possibly of someone who had advance knowledge of the quarterly report and didn't like what he saw? What do holders think; were these more likely sophisticates who bought in the share placement or retail holders? In any case it would have been far better to have released the report after trading hours to give holders all weekend to study it before making decisions as to whether to buy, hold or sell on the basis of it.