Re: Shelly's on Fire!!
in response to
by
posted on
Oct 27, 2014 07:17PM
Rick to me that makes a lot of sense. This pressure seems to be coming from somewhere other than the normal market shinanagans. If he has financial covenants that he must meet by months end than he may have no other choice but sell until he gets enough to pay the piper. He sold 1 million shares on Oct 15/16 for a little over a million dollars. Hopefully he has enough now to meet that obligation. Maybe he won't have to go under the warrant price of $.75 keeping him in the black on those shares because he can pick up those warrants before Feb. when the trading price may be much higher. We'll see.