Green Machine - the Private Restricted shares sold to
Green Machine - the Private Restricted shares sold to private investors at 25 cents back in Feb, were probably cashed in by those investors today. Since the PPS basically hit the same price they purchased them at, it made sense to sell the restricted shares so they could have them ready for the open market. The shares are held with a transfer agency which makes them a little harder to sell. It's just more time consuming trying to sell restricted shares, and having them available in a personal trading account is much faster for trading purposes.
It's difficult to say if this is the bottom, but anyone who cried about not being able to get in when the stock was .25 cents months ago now have a perfect opportunity to get back in.
It's been a rough ride for many of us, and there are many natural disasters going on which may defer money to other areas short term. Those of us who invested back in Jan, Feb didn't have 1/10 the news that's available now on the company. It's not matter of if, but when the stock soars..
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