Guys,It is not the director selling...read the announcement...

Guys,

It is not the director selling...read the announcement again.

It is the parent company, selling down the part of their stock which is not in escrow...now just some 4.6m shares to go.

I have discussed this with the company CEO Wes Harder and he assures me this is a seeding approach, to add liquidity to the register due to the parent company's significant holding...some short term pain for long term gain.

I fully agree however that it is being done in the most ridiculous and destructive way, with even long-term holders having stop-loss selling kicking in.

Whilst I believe the CEO, I also feel their is an added incentive here for the parent to keep a cap on the stock for short term corporate reasons...a scenario I have tested numerous times on market with expected results.

Cheers!