You mean the brains that presided over losing millions of dollars in losses over the years while eventually administering about $9bn?
I think its all part of the inevitable process.
The escrow period has already ended. I think thats why we are seeing a dribble of shares coming out. If he is to sell, as he may well might, its more likely to be in one line or a few bites. Brokers will know where to go for stock as the instos come on board. At the moment there is insufficient liquidity most of the time, so freeing up some stock would be a good thing.
13m shares at 22c is only $2.86m. Not a lot of money at all. If I was him, I’d probably wait at least a year, its more likely to be closer to 40c in a years time. Can’t hang around on this low rating/MC once the profitability is seen to cut in, and dividend starts flowing again, from about March 2019. A time for patience perhaps.
