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Full Version: Fred V. Planned Sale
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Not sure how Steve can ask institutions to buy shares while Fred offloads this many...makes for a tough sales pitch.

Any thoughts on how this might be a positive? Some are saying the timeframe may indicate a potential increase in the near term stock price due to the impending uplist.

 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9756272

It's a planned sale with no execution obligation. He's buying a property, not really terribly worrying. The CEO has 11m+ shares, if he started to sell serious numbers that would be worrying.
Thanks for the clarification, it helps put this into perspective.