Interesting to note that Zesiger sold off 54,500 shares by the end of Q2-2012. Now, they have added 7,000 shares. Though one would wonder why only add 7k. That is background noise compared to their sale of 54.5k shares in the earlier quarter.
OTOH, look at Altima - they added 30k shares in Q2 but now sold 360k.
Adding more to mcm's point. Altima sold 360k shares on Monday this week, 11/12/2012 at 8.05. That certainly answers a key mystery question of who the seller was and who the initiating party was - Altima. Odd though, in May this year they bought about 30k shares on two days 5/8 and 5/9 for about 8.50ish. So what has changed - why it is that disastrous 10Q from last week, where Brackpool states that their working capital stood at a deficit of $ 2.2 million on Sept 30, 2012.
No doubt Brackpool and Shaheen did the logical thing and approached Altima to cough up some more equity cash to fund their fun operation. Altima said no, so now they went to their existing secured creditor but had to settle for a third of what they wanted.
One would have to wonder and question if Altima is done here. Most likely NOT. They will, IMHO, continue to sell off their position - always in search of another bag holder to take this off their hands.
So one would have to wonder, why would Altima sell at this time. It cannot be because they see better days ahead. No, they see an ever increasing shareholder deficit and sky rocketing debt; all of which can only be corrected with a trip to the bankruptcy court - pure and simple. Altima clearly understands that and they want to get out before the fit hits the shan.