It's not just about who is "trading" with Canaccord. It is that the sell volumes by Cannaccord exactly match the increases in share count since the official departure dates of GT & PC.
No one else except those two have the millons of in-the-money options that would account for it. I have a spreadsheet that has been tracking all of these numbers since mid April, 2016. I have taken into account the increase in shares from the Sept-2016 warrants and from the DL &BB acquisitions. I have also taken into account how many shares PC would have had to sell to account for his Canadian tax obligations. Net of all those, we are left with only PC & GT.
| Dollar value of Canaccord sells: |
$4,374,584.40 |
| Canaccord sold from April 19th |
4,624,300 |
| Share count change (net of acqs and sept warrants) since April 19th |
4,518,564 |
| Difference between Canaccord sold and share count increase (expect share count to increase by 100K to reflect yesterday's sale of 100K by 033)
|
105,736 |
