Mikepike, they sold 15% of their holding. I wouldn't call it a large dump when you consider they had 39m shares or almost 30% of the company.
They just watched the price go up 150% and took some off the table. They still hold 25% of the company which is very substantial and stand to make massive gains once the company get re-rated.
I would be concerned if they kept selling.
I thought they did it quite well. They may have wanted to liquiidate some shares for quite some time. It was soaked up on high volumes and the share price still stands well above 8c where it was for so long
HTX Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held