While I agree MM sales do not look good, there are plenty of research and articles documenting that insider selling is not indicative of future stock price (insider buying on the other hand is). In saying this, like most, I still don't like it but the market cap reduction of nearly $1B is overblown IMO given the size of his sales (likely overdone because of short activity....look at iborrowdesk for the legal shares that were borrowed the day after these Form 4s were published).

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1. He’s been telling us all year we can’t uplist (again, his tasked objective) unless the pps is higher.

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As far as uplisting, the share price is one thing that was preventing us from uplisting, but more critical and within the control of CYDY management is shareholder equity requirements (+$5M shareholder equity with $4 share price). Even with his sales, we still qualify for the $4/share uplist criteria, but do not meet the shareholder equity yet. His exercising options does help get a little closer CYDY receives the exercise price, but IMO we are unlikely to get there without OWS funding or a little dilution....i.e. $7.5M monthly note payments made by issuing shares like they were earlier this month.

Happy Holidays!