Of note is the lengths at which the report went to emphasise the situation around the escrowed shares and options. 95% are held by founders or board members. It was mentioned in no uncertain terms that any selling will not be material in the schemes of things. Considering Dave's transparency with shareholders over the last 9 months i have no reason not to take this as gospel, and as a result I expect this issue not to hold the SP back.
In reference to the folks who are sitting on a 30% profit after participating in the cap raise, I expect most of the action to stay on board for the ride a while longer, considering the flow of news to come.
Great report and it certainly is refreshing to see a company deliver on it's promises and execute above expectations.
BUD Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
