Has anyone notice that nearly all the rights at .013 have been...

Has anyone notice that nearly all the rights at .013 have been excericised and that there is only 1.5M left the next issuses are at .8. All this has happend this month. Reading between the lines management is exercising the last of the cheap shares and quickly. Can anybody tell me if the company has to disclose weather those shares are been sold stright away. Because if there are not been turned over quickly to make a fast buck for the directors, then the directors are obvioulsy holding off for a better SP price