The message is appreciated but kind of hard to understand because it indicates selling warrants? I'm assuming he exchanged the warrants and cash with SPQ to receive 'shares' which he then sold off at Market 'BID'.
While this does explain the trading it's the kind of occurance one doesn't like since if the seller would have been patient and sold 250K a day he'd have made an extra 1/2 to 1 cent and that's good money for taking 10 days or so to trade out.