He is going to exercise 2m options at 25 cents and 2m optios at 30 cents. These will cost 1.1 mil dollars. No one keeps that large amount of liquidity lying around. Therefore, it is understandable when he sold 1.5 mil shares at 38 cents for cash. Nothing is bad about it.
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He is going to exercise 2m options at 25 cents and 2m optios at...
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