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Message: Re: CEO Selling

Oct 08, 2022 09:49AM

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Oct 08, 2022 01:07PM
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Oct 08, 2022 01:58PM

Oct 08, 2022 02:10PM

Dear Golf,

Thanks for posting, and allow me to repeat in part an answer to an earlier poster.

It was never said that shares would not be sold.

The situation is as follows:

Shares are sold by me in blocks of time.  Regulators insist that I disclose what I will sell in the next 30 days.  I can only start selling 7 days from announcing my intention.  So, I sell my shares in blocks of time.

The block I was selling referenced in the September 9th press release was under different instructions from previous blocks sold.  It was determined that these instructions were not in the best interest of shareholders and as such was terminated. This block, not selling in general, was not in the best interests of shareholders.

With the appropriate delays I initiated a selling block under the old instructions.

Hope that Helps,

Peter

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