Ann: Ceasing to be a Substantial Holder - J Carroll, page-16

I'm not sure I agree either. As I said previously, JC has been a patient and supportive investor since the IPO and whilst I don't know what his average buy price is, we do know he bought a chunk at <$0.05 and maybe he just decided to take some money off the table, and why not, at $0.20 a share.

If he sells down all of his remaining stake in the coming days/weeks, I think that would be telling, but if he lets the ~3% of the company he still owns 'ride', then that signals a different intent. I'll watch this space...but I don't want to jump at shadows just yet.