Its my understanding that the seller was a long standing hedge...

Its my understanding that the seller was a long standing hedge fund out of London who has been looking to sell over 4 million shares for a couple of weeks. It was a big overhang that has now been removed . They decided to dump on market down to 15 cents where some eager beaver Baker and Young clients were waiting to take it up. Most of it will be in safe hands.

By my surprise I actually had a long standing order for 250k at 14.5 cents which got hit. You won't see these back on the market for a long long time.

Probably the last opportunity to load up at this level imo.

Newsflow should be very soon.