This means that the insider can accum,ulate shares and still not breach exchange rules, if they subsequently announce a takeover bid or going private.
There are two major holders now.
One of these might be considering taking the company private.
The other will hold strong leverage.
Very good for us.
CTU cash flowed $7.5 million in Q2 which is close to normal levels.
Significant debt has been paid down.
Nice time to go private.