Well that is a massive confidence vote to see escrow holders are confident enough that Halo works and ELS will sign deals by March 2020 extending their lock up till then .Even better that the founder is extended until June 2020. I understand that some Israeli founders have to pay tax on their stocks even if they have not been sold , so that exclusion is fine. I must say i have never seen a lock up which allows off market selling but if they do want to sell then they need to find their own buyer rather than dump the stock on market. In any case there has not been that much escrow selling by the numbers stated and more selling through the fear of the escrow and the delays . Considering some of those escrow holders are no longer employed by the company is another vote of confidence in delivery. Now lets see what news comes in the coming weeks....
ELS Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
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