from zbb's sec filings.
tier founder just registering shares so he can sell a little when it triples?
ZBB made a big deal in their public statements on the merger about what a "genius" (an thus an important asset) this guy was technically, so if he walks anytime soon, they look bad. On the other hand, this guy does have a history ... he sold a previous company to AMSC and left to form Tier, right?
Correct. I would just hope that it wouldn't be this quick...give it a year or so till someone is fully functional in running the TIER business. Maybe ZBB was just acquiring them for the customers?? Quite possible, but I hope not.
Where did you get that information that he was selling? I read the filing earlier tonight that indicates dilution was coming with the 25 million already discussed, but in no way did that have anything to do with him. Given you're other posts I'm hoping you, as usual, are turning something into what it's not. I would assume they have worked together and had a good working relationship to make this transaction to begin with. So if he was calling it quits already and dumping his shares I would be very concerned.