I think that George Patterson held stock options exersizable at $0.26 at the time he stepped down from the board in February 2008. I believe he has now exersized those options and has instructed his broker (presumably ITG) to sell those shares at not less that $0.26.

I offer the following in supprt of this theory ...

Remember though, It's just a theory.

An excerpt from the EFL 2008 4th Qtr financial report...

(b) Stock optionsThe Company has reserved up to 5,400,000 common shares for issuance under the stock option plan. Options to purchase common shares of the Company under its stock option plan may be granted by the Board of Directors of the Company to certain full-time and parttime employees, directors and consultants of the Company and its affiliates. Stock optionsare non-assignable and may be granted for terms of up to 10 years. Stock options vest at various periods from zero to three years. To date, the Company has granted options to purchase 4,760,833 common shares and 3,175,938 remain outstanding (2006 - 3,194,271) at prices ranging from $ 0.29 to $8.03 per share. These options have a weighted average remaining life of 5.20 years. ….. During the year, no options were granted by the Company to purchase common shares. During the previous year, the Company granted options to purchase common shares to certain employees totaling 685,000 at a price of $0.26 per share.

An excerpt from a February 2008 news release...