I think what Garym was trying to say is that Peter sold them to pay to exercise his options.
He exercised:
2059920 x 2.5c = $51,498
1000000 x 6.25c = $62,500
Total: $113,998
That will stop the speculation on why he sold them.
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I think what Garym was trying to say is that Peter sold them to...
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