I think it may be Pinetree arranging sales of their stock to raise money to exercise their millions of .75 warrants that will be expiring in Feb.2015. I don't think they would let all those warrants expire.
If this is the case, it continues to be bullish, as Pinetree would be replacing their 1.00 cross sell shares with .75 warrants and providing more money to the company as well.
Also today's cross marks the first time ever that the price was walked UP to do the cross, instead of the usual walking down. That is significant.