Interesting discussion around this thread. FWIW, I have mentioned before that investors using ITG, Anonymous and Raymond James were heavy sellers around the previous completed offering facilitated by BB and that I suspected this activity was to finance participation in that offering.

This go round has now seen investors through ITG, Anonymous and Raymond James sell 1.75 million of the 3 million shares sold since the May 14th announcement of the current offering. I suspect this is to fund participation in this offering. I view this as a positive because if true it might mean there is less over all need to dump shares and keep warrants after this offering closes. Just my guess.