Tony Chan not an insider anymore, he can just dump his shares
no filing required. Stinky Chan and the dirty laundry is the rumor to his new Dance Band.
To combat Psi. Tony Chan filing 10q late? or are numbers ALL MESSED UP? me 'tinks chan left a
steamy dump of steamed dumpings!
If Chan has inside information about Zoom (for example Q2 results) from his time working there I do not think he can trade on it. He must wait until the information is disclosed publicly. Therefore I do not think Chan is the seller the past few days.
Ok, so now the geniuses want to offer 6M stock at $.28 each. I wouldn't invest another dime into this lost venture, but I sure am curious why. The net effect if completely sold is $2M. Operating capital? Money to borrow for another wasted investment? Officers' bonuses? Certainly nothing legitimate.