Re: Pinetree selling confirmed

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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turr

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Re: Pinetree selling confirmed

in response to

Pinetree selling confirmed

Rainer

posted on Oct 31, 2014 05:22AM

Yep they each sold 1 million shares @$.84

Simple reasons why

They both needed cash now

They can buy back their warrants @$.75 in another 3 to 4 months when sp could be much higher and still make 10% profit and have the money now.

Sheldon needed to lighten his share count before he could exercise warrants.

Could also be they both saw some bargain basement deals that they could turn a quick profit on. There are lots of them out there right now.