A convertible note for $1mill of shares was issued in Jan 2011 to "a sophisticated investor". Might be them selling, but also keeping the price up, but just enough so they can get another trench of shares for a reasonable price. complete speculation on my part, but I'm running out of reasons, and SAY management certainly aren't giving me any reasons?
HEY SAY DIRECTORS...
You NEED TO UPDATE THE MARKET AS TO WHAT IS GOING ON WITH THE HENAN AGREEMENT?
Are you still negotiating?
What is the core of the negotiation?
This was meant to have been completed last year so what's the hold up?
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13c finish, page-21
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