I emailed Sasha at GNH with regards to the JDM transaction and he has confirmed that JDM has been a GNH shareholder for many years and that the 281,000 shares that were sold were from their 2008-2009 funds which were bought at a much lower price than today's share price.
He has spoken with JDM and they remain committed shareholders and believers in the resource GNH is trying to prove up. He is not concerned.
Again, for JDM to have invested $3.7 Million dollars in this latest private placement where they are committed to holding them until at least April, this should be viewed as a vote of confidence imho.
And even if we assume JDM do not have any "official insider information", it would seem quite realistic to presume that a considerable amount of news and results can be expected from GNH in the next 3-month period.
As a reminder, Mr Hoover has already previously articled in this forum on the lab naming convention errors/delays/etc that transpired which have led to the reporting delays and that GNH decided to "take the heat" instead of blaming the lab.
I would probably do the same thing as it would achieve nothing to publicly bash the lab. What would that accomplish anyway?
-Dragon50