i dont think this is correct. the 76.1M is ~11M shares... I believe this is the S3 they filed months back and have modified several times, not a sale of officer shares. check out sec.gov and search. became effective the other day. dosent necessarily mean they will issue shares but can. given ramp up of capex with the horizontals this and other financing was in the cards. will be dilutive.... however, if they use it to generate more returns it may not have a huge impact. now is when mgmt proves themselves.
Interesting. That's a million+ shares. Mr S is shown holding 1.5 million, another officer has 670,000 and another 288,000 (per yahoo). I realize these figures aren't reliable, but where would those million shares be coming from? Have those major holders lost faith (I totally think not)