Yes TBE that's how I see it as well Gray hasn't sold stock it's basically gone from the left hand to the right hand.
Interesting on page 28 of the PS you will see they have given directors 10,000,000 options exercised @ $0.30 expiring 28/02/2010.
I still believe we will get a big run out of this , looking forward to the companies explanation on the forex loss will keep you all posted if I hear any more.
Good luck to all Hydro players.
HTI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held