I just read the 8Ks from Feb 24 and Mar 20, 2017. The Company provides some guidance and commentary on the research done by the renowned Dr. Baruch and his team. Officers of the Company refer to market ready product and mention 2nd Quarter 2017, or shortly thereafter. I think it reasonable for investors to have expected sales and revenue before end of 2017. But now we know Friedland, an invitee to the 2017 Wall Street Conference, was in the process of unloading his OWCP stock. So we had an insider with knowledge of market ready product selling all or most of his shares.
Now for a counter point. Why wouldn't a prudent investor sell when clearly the stock he is holding has been pumped and is beginning to lose steam? Sure he was a bad boy for not disclosing his holdings but there is nothing I have listened to or read that provides an example of clear pumping.
I have a gut feeling this poop will lose its stink and while not forgotten will unlikely have a lasting effect on the pps.
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