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ZBB Energy Corporation Common S Message Board

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  • mooselope69 mooselope69 Nov 18, 2011 9:10 AM Flag

    4 Insiders bought 37000 shares each

    lol. Nice thing I guess is probably 225k shares were taken out from the seller yesterday...meaning it is most likely Socius selling out their last tranche?

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    • How do you figure that it's Socius' last tranche? Don't they have the ability to sell them approximately 6M more under the agreement?

      • 1 Reply to tony_moroney1
      • I didn't mean last as in they didn't have any left. My assumptions are that Socius sold after the prior Q earnings call their 3.3 million shares or whatever to get under 10% and make room for a tranche which I believe is what increased the float last quarter. My guess is Socius is selling some shares they acquired from that tranche (if in fact it occurred).

        So, There are not too many other institutions that have a substantial amount of shares that ZBB insiders could say, we know you're looking to sell or have to sell, we'll buy these direct from you at X price, perhaps each day.

        If it were Ardsley or Marathon they would have to file an SEC filing, Socius would not.

        It's all speculation on my part, but it makes complete sense.

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