Not sure I've seen/remember this before. Could be
Post# of 29034
Subject to certain exceptions, the Company and its executive officers and directors have agreed not to sell or transfer any common stock or securities convertible into or exchangeable or exercisable for common stock, for 60 days after the offering, without first obtaining the written consent of Aegis
Now why would Aegis be concerned with Verb SLT selling shares at these ridiculously low prices?
Could it be Aegis expects the share price to go higher and doesn't want anyone to tap the brakes?
And if so, how high?
Could go down. Maybe shorts should short even more?