SIGA Technologies, Inc.
|
||
(Name of Issuer)
|
||
Common Stock, par value $0.0001 per share
|
||
(Title of Class of Securities)
|
||
|
826917106
|
|
|
(CUSIP Number)
|
|
Martin Sklar, Kleinberg, Kaplan, Wolff & Cohen P.C., 500 Fifth Avenue, New York, NY 10110, (212) 986-6000
|
||
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
|
||
|
February 12, 2020
|
|
|
(Date of Event which Requires Filing of this Statement)
|
|
CUSIP No.
|
826917106
|
13D
|
Page 2 of 8
|
|||||||||||||||||||||
1
|
NAME OF REPORTING PERSON
|
|
||||||||||||||||||||||
|
Esopus Creek Value Series Fund LP – Series A
|
|
|
|||||||||||||||||||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
X
|
|
|
|||||||||||||||||||
|
|
(b)
|
[ ]
|
|
|
|
||||||||||||||||||
3
|
SEC USE ONLY
|
|
|
|||||||||||||||||||||
4
|
_______________
SOURCE OF FUNDS*
|
|
|
|||||||||||||||||||||
|
WC
|
|
|
|
||||||||||||||||||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[ ]
|
|
|
|
|
||||||||||||||||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
|
|
|||||||||||||||||||
|
Delaware
|
|
|
|
|
|||||||||||||||||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
|
|||||||||||||||||||||
|
|
0
|
|
|
||||||||||||||||||||
|
8
|
SHARED VOTING POWER
|
|
|
|
|||||||||||||||||||
|
|
3,472,909
|
|
|
|
|
||||||||||||||||||
|
9
|
SOLE DISPOSITIVE POWER
|
|
|
|
|
|
|||||||||||||||||
|
|
0
|
|
|
|
|
|
|
||||||||||||||||
|
10
|
SHARED DISPOSITIVE POWER
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
3,472,909
|
|
|
|
|
|
|
|
|||||||||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
||||||||||||||||||||||
|
3,472,909
|
|
|
|||||||||||||||||||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
[ ]
|
|
|
|
|||||||||||||||||||
|
|
|
|
|||||||||||||||||||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
||||||||||||||||||||||
|
4.3%
|
|
||||||||||||||||||||||
14
|
TYPE OF REPORTING PERSON*
|
|
||||||||||||||||||||||
|
PN
|
|
CUSIP No.
|
826917106
|
13D
|
Page 3 of 8
|
|||||||||||||||||||||
1
|
NAME OF REPORTING PERSON
|
|
||||||||||||||||||||||
|
Rainy Daze LLC
|
|
|
|||||||||||||||||||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
X
|
|
|
|||||||||||||||||||
|
|
(b)
|
[ ]
|
|
|
|
||||||||||||||||||
3
|
SEC USE ONLY
|
|
|
|||||||||||||||||||||
4
|
_______________
SOURCE OF FUNDS*
|
|
|
|||||||||||||||||||||
|
WC
|
|
|
|
||||||||||||||||||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[ ]
|
|
|
|
|
||||||||||||||||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
|
|
|||||||||||||||||||
|
Delaware
|
|
|
|
|
|||||||||||||||||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
|
|||||||||||||||||||||
|
|
0
|
|
|
||||||||||||||||||||
|
8
|
SHARED VOTING POWER
|
|
|
|
|||||||||||||||||||
|
|
603,400
|
|
|
|
|
||||||||||||||||||
|
9
|
SOLE DISPOSITIVE POWER
|
|
|
|
|
|
|||||||||||||||||
|
|
0
|
|
|
|
|
|
|
||||||||||||||||
|
10
|
SHARED DISPOSITIVE POWER
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
603,400
|
|
|
|
|
|
|
|
|||||||||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
||||||||||||||||||||||
|
603,400
|
|
|
|||||||||||||||||||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
[ ]
|
|
|
|
|||||||||||||||||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
||||||||||||||||||||||
|
Less than 1%
|
|
||||||||||||||||||||||
14
|
TYPE OF REPORTING PERSON*
|
|
||||||||||||||||||||||
|
OO
|
|
CUSIP No.
|
826917106
|
13D
|
Page 4 of 8
|
|||||||||||||||||||||
1
|
NAME OF REPORTING PERSON
|
|
||||||||||||||||||||||
|
Esopus Creek Management LLC
|
|
|
|||||||||||||||||||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
X
|
|
|
|||||||||||||||||||
|
|
(b)
|
[ ]
|
|
|
|
||||||||||||||||||
3
|
SEC USE ONLY
|
|
|
|||||||||||||||||||||
4
|
_______________
SOURCE OF FUNDS*
|
|
|
|||||||||||||||||||||
|
AF
|
|
|
|
||||||||||||||||||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[ ]
|
|
|
|
|
||||||||||||||||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
|
|
|||||||||||||||||||
|
Delaware
|
|
|
|
|
|||||||||||||||||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
|
|||||||||||||||||||||
|
8
|
SHARED VOTING POWER
|
|
|
|
|||||||||||||||||||
|
|
603,400
|
|
|
|
|
||||||||||||||||||
|
9
|
SOLE DISPOSITIVE POWER
|
|
|
|
|
|
|||||||||||||||||
|
|
0
|
|
|
|
|
|
|
||||||||||||||||
|
10
|
SHARED DISPOSITIVE POWER
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
603,400
|
|
|
|
|
|
|
|
|||||||||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
||||||||||||||||||||||
|
603,400
|
|
|
|||||||||||||||||||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
[ ]
|
|
|
|
|||||||||||||||||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
||||||||||||||||||||||
|
Less than 1%
|
|
||||||||||||||||||||||
14
|
TYPE OF REPORTING PERSON*
|
|
||||||||||||||||||||||
|
OO
|
|
CUSIP No.
|
826917106
|
13D
|
Page 5 of 8
|
|||||||||||||||||||||
1
|
NAME OF REPORTING PERSON
|
|
||||||||||||||||||||||
|
Hutch Master Fund Ltd.
|
|
|
|||||||||||||||||||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
X
|
|
|
|||||||||||||||||||
|
|
(b)
|
[ ]
|
|
|
|
||||||||||||||||||
3
|
SEC USE ONLY
|
|
|
|||||||||||||||||||||
4
|
_______________
SOURCE OF FUNDS*
|
|
|
|||||||||||||||||||||
|
WC
|
|
|
|
||||||||||||||||||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[ ]
|
|
|
|
|
||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
|
|
|||||||||||||||||||
|
Cayman Islands
|
|
|
|
|
|||||||||||||||||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
|
|||||||||||||||||||||
|
8
|
SHARED VOTING POWER
|
|
|
|
|||||||||||||||||||
|
|
1,460,000
|
|
|
|
|
||||||||||||||||||
|
9
|
SOLE DISPOSITIVE POWER
|
|
|
|
|
|
|||||||||||||||||
|
|
0
|
|
|
|
|
|
|
||||||||||||||||
|
10
|
SHARED DISPOSITIVE POWER
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
1,460,000
|
|
|
|
|
|
|
|
|||||||||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
||||||||||||||||||||||
|
1,460,000
|
|
|
|||||||||||||||||||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
[ ]
|
|
|
|
|||||||||||||||||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
||||||||||||||||||||||
|
1.8%
|
|
||||||||||||||||||||||
14
|
TYPE OF REPORTING PERSON*
|
|
||||||||||||||||||||||
|
OO
|
|
CUSIP No.
|
826917106
|
13D
|
Page 6 of 8
|
|||||||||||||||||||||
1
|
NAME OF REPORTING PERSON
|
|
||||||||||||||||||||||
|
Hutch Capital Management LLC
|
|
|
|||||||||||||||||||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
X
|
|
|
|||||||||||||||||||
|
|
(b)
|
[ ]
|
|
|
|
||||||||||||||||||
3
|
SEC USE ONLY
|
|
|
|||||||||||||||||||||
4
|
_______________
SOURCE OF FUNDS*
|
|
|
|||||||||||||||||||||
|
AF
|
|
|
|
||||||||||||||||||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[ ]
|
|
|
|
|
||||||||||||||||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
|
|
|||||||||||||||||||
|
Delaware
|
|
|
|
|
|||||||||||||||||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
|
|||||||||||||||||||||
|
|
0
|
|
|
||||||||||||||||||||
|
8
|
SHARED VOTING POWER
|
|
|
|
|||||||||||||||||||
|
|
1,460,000
|
|
|
|
|
||||||||||||||||||
|
9
|
SOLE DISPOSITIVE POWER
|
|
|
|
|
|
|||||||||||||||||
|
|
0
|
|
|
|
|
|
|
||||||||||||||||
|
10
|
SHARED DISPOSITIVE POWER
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
1,460,000
|
|
|
|
|
|
|
|
|||||||||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
||||||||||||||||||||||
|
1,460,000
|
|
|
|||||||||||||||||||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
[ ]
|
|
|
|
|||||||||||||||||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
||||||||||||||||||||||
|
1.8%
|
|
||||||||||||||||||||||
14
|
TYPE OF REPORTING PERSON*
|
|
||||||||||||||||||||||
|
OO
|
|
CUSIP No.
|
826917106
|
13D
|
Page 7 of 8
|
|||||||||||||||||||||
1
|
NAME OF REPORTING PERSON
|
|
||||||||||||||||||||||
|
Andrew L. Sole
|
|
|
|||||||||||||||||||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
X
|
|
|
|||||||||||||||||||
|
|
(b)
|
[ ]
|
|
|
|
||||||||||||||||||
3
|
SEC USE ONLY
|
|
|
|||||||||||||||||||||
4
|
_______________
SOURCE OF FUNDS*
|
|
|
|||||||||||||||||||||
|
AF, OO
|
|
|
|
||||||||||||||||||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[ ]
|
|
|
|
|
||||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
|
|
|||||||||||||||||||
|
United States
|
|
|
|
|
|||||||||||||||||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
|
|||||||||||||||||||||
|
|
145,337
|
|
|
||||||||||||||||||||
|
8
|
SHARED VOTING POWER
|
|
|
|
|||||||||||||||||||
|
|
4,076,309
|
|
|
|
|
||||||||||||||||||
|
9
|
SOLE DISPOSITIVE POWER
|
|
|
|
|
|
|||||||||||||||||
|
|
145,337
|
|
|
|
|
|
|
||||||||||||||||
|
10
|
SHARED DISPOSITIVE POWER
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
4,076,309
|
|
|
|
|
|
|
|
|||||||||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
||||||||||||||||||||||
|
4,221,646
|
|
|
|||||||||||||||||||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
[ ]
|
|
|
|
|||||||||||||||||||
|
|
|
|
|||||||||||||||||||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
||||||||||||||||||||||
|
5.2%
|
|
||||||||||||||||||||||
14
|
TYPE OF REPORTING PERSON*
|
|
||||||||||||||||||||||
|
IN
|
|
CUSIP No.
|
826917106
|
13D
|
Page 8 of 8
|
|||||||||||||||||||||
1
|
NAME OF REPORTING PERSON
|
|
||||||||||||||||||||||
|
Paul Saunders, Jr.
|
|
|
|||||||||||||||||||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
X
|
|
|
|||||||||||||||||||
|
|
(b)
|
[ ]
|
|
|
|
||||||||||||||||||
3
|
SEC USE ONLY
|
|
|
|||||||||||||||||||||
4
|
_______________
SOURCE OF FUNDS*
|
|
|
|||||||||||||||||||||
|
AF, OO
|
|
|
|
||||||||||||||||||||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[ ]
|
|
|
|
|
||||||||||||||||||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
|
|
|||||||||||||||||||
|
United States
|
|
|
|
|
|||||||||||||||||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
|
|||||||||||||||||||||
|
|
10,000
|
|
|
||||||||||||||||||||
|
8
|
SHARED VOTING POWER
|
|
|
|
|||||||||||||||||||
|
|
2,730,000
|
|
|
|
|
||||||||||||||||||
|
9
|
SOLE DISPOSITIVE POWER
|
|
|
|
|
|
|||||||||||||||||
|
|
10,000
|
|
|
|
|
|
|
||||||||||||||||
|
10
|
SHARED DISPOSITIVE POWER
|
|
|
|
|
|
|
|
|||||||||||||||
|
|
2,730,000
|
|
|
|
|
|
|
|
|||||||||||||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
||||||||||||||||||||||
|
2,740,000
|
|
|
|||||||||||||||||||||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
[ ]
|
|
|
|
|||||||||||||||||||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
||||||||||||||||||||||
|
3.4%
|
|
||||||||||||||||||||||
14
|
TYPE OF REPORTING PERSON*
|
|
||||||||||||||||||||||
|
IN
|
|
Exhibit 99.1 |
Letter to the Chief Executive Officer of the Issuer, from Esopus Creek Management LLC (and its affiliates) and Hutch Capital Management LLC (and its affiliates) dated February 12, 2020.
|
Exhibit 99.2 |
Joint Filing Agreement to Schedule 13D by and among Esopus Creek Value Series Fund LP – Series A, Esopus Creek Management, LLC, Rainy Daze LLC, Hutch Master Fund Ltd., Hutch Capital Management LLC, Andrew L. Sole and Paul Saunders, Jr.
dated as of February 13, 2020.
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Dated: February 13, 2020
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Date
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Buy/Sell
|
Security
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Approximate
Price Per Share1
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Amount of Shares Bought/(Sold)
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Hutch Master Fund Ltd.
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||||
01/07/2020
|
SELL
|
Common Stock
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$5.14
|
(14,700)
|
01/08/2020
|
SELL
|
Common Stock
|
$5.21
|
(3,300)
|
01/09/2020
|
SELL
|
Common Stock
|
$5.17
|
(9,362)
|
01/10/2020
|
SELL
|
Common Stock
|
$5.14
|
(6,800)
|
01/13/2020
|
SELL
|
Common Stock
|
$5.15
|
(4,8410
|
01/14/2020
|
SELL
|
Common Stock
|
$5.14
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(3,200)
|
01/15/2020
|
SELL
|
Common Stock
|
$5.21
|
(13,200)
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01/16/2020
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SELL
|
Common Stock
|
$5.41
|
(24,046)
|
01/17/2020
|
SELL
|
Common Stock
|
$5.35
|
(10,195)
|
01/21/2020
|
SELL
|
Common Stock
|
$5.29
|
(433)
|
01/23/2020
|
SELL
|
Common Stock
|
$5.22
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(2,400)
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01/24/2020
|
SELL
|
Common Stock
|
$5.28
|
(1,805)
|
01/27/2020
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SELL
|
Common Stock
|
$5.25
|
(1,902)
|
01/28/2020
|
SELL
|
Common Stock
|
$5.21
|
(2,500)
|
01/29/2020
|
SELL
|
Common Stock
|
$5.29
|
(16,700)
|
02/03/2020
|
SELL
|
Common Stock
|
$5.27
|
(122)
|
02/03/2020
|
BUY
|
Common Stock
|
$5.14
|
2,500
|
02/05/2020
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SELL
|
Common Stock
|
$5.21
|
(2,000)
|
02/06/2020
|
BUY
|
Common Stock
|
$5.02
|
2,500
|
02/07/2020
|
BUY
|
Common Stock
|
$4.40
|
77,319
|
02/10/2020
|
BUY
|
Common Stock
|
$4.47
|
20,929
|
02/11/2020
|
BUY
|
Common Stock
|
$4.52
|
20,983
|
Esopus Creek Value Series Fund LP – Series A
|
||||
11/11/2019
|
BUY
|
Common Stock
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$5.21
|
2,500
|
11/12/2019
|
BUY
|
Common Stock
|
$5.00
|
300
|
11/13/2019
|
BUY
|
Common Stock
|
$5.00
|
2,200
|
11/18/2019
|
BUY
|
Common Stock
|
$4.87
|
5,000
|
11/27/2019
|
BUY
|
Common Stock
|
$4.93
|
204
|
12/02/2019
|
BUY
|
Common Stock
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$4.75
|
4,600
|
12/03/2019
|
BUY
|
Common Stock
|
$4.60
|
1,600
|
12/04/2019
|
BUY
|
Common Stock
|
$4.45
|
4,000
|
12/05/2019
|
BUY
|
Common Stock
|
$4.32
|
2,172
|
12/06/2019
|
BUY
|
Common Stock
|
$4.50
|
4,000
|
12/11/2019
|
BUY
|
Common Stock
|
$4.72
|
1,500
|
02/07/2020
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BUY
|
Common Stock
|
$4.33
|
4,000
|
Rainy Daze LLC
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||||
11/12/2019
|
SELL
|
Common Stock
|
$5.18
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(800)
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12/12/2019
|
SELL
|
Common Stock
|
$4.68
|
(1000)
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01/14/2020
|
SELL
|
Common Stock
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$5.09
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(800)
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02/10/2020
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SELL
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Common Stock
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$4.49
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(6,000)
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Dated: February 13, 2020
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