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Matt Berry
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Blog with (mostly) shorts: http://www.3footcrowbar.com/ Twitter: https://twitter.com/MattBerry01 Interests: -- reading up on bounded rationality, behaviorism, and philosophy -- writing down observations and organizing them into book form -- bicycling Favorite authors: Emerson, Shakespeare,... More
My blog:
3 Foot Crowbar
My book:
The Mechanics of Virtue: A cynic's guide to righteous behavior
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  • CLIR 3,167,761 Shares In Lock-up, Agreements Expire April 24

    (click to enlarge)

    for in depth research on CLIR see http://www.3footcrowbar.com/

    Lock Up Expiration

    "3,167,761 shares of common stock continue to be subject to lock-up agreements which will expire on April 24, 2013" (CLIR) SEC 10-K

    ~ http://www.sec.gov/Archives/edgar/data/1434524/000114420413010734/v332327_10k.htm

    "Shares eligible for future sale may adversely affect the market.

    "In conjunction with the initial public offering of our common stock, substantially all of our shareholders signed "lock-up" agreements. As of the date of this report, 3,167,761 shares of common stock continue to be subject to lock-up agreements which will expire on April 24, 2013. These include 2,380,863 shares owned by our officers, directors, certain of our employees, and trusts established for the benefit of the children of one of our officers, and 786,898 shares owned by MDB Capital Group LLC, its officers, directors, associates, and certain employees. Following the expiration of the lock-up agreements, all of these shares will be eligible for sale by means of ordinary brokerage transactions in the open market pursuant to Rule 144 promulgated under the Securities Act, subject to certain limitations. Furthermore, there are an additional 13,500 shares of common stock that will become eligible for sale pursuant to Rule 144 in 2013. Any substantial sale of our common stock pursuant to Rule 144 may have a material adverse effect on the market price of our common stock."

    "3,167,761 shares of common stock continue to be subject to lock-up agreements which will expire on April 24, 2013" $CLIR SEC 10-K

    ~ http://www.sec.gov/Archives/edgar/data/1434524/000114420413010734/v332327_10k.htm

    http://finance.yahoo.com/q/ks?s=CLIR+Key+Statistics

    Share Statistics

     

    Avg Vol (3 month)3:

    94,648

    Avg Vol (10 day)3:

    243,975

    Shares Outstanding5:

    8.78M

    Float:

    6.66M

    % Held by Insiders1:

    24.37%

    % Held by Institutions1:

    4.10%

    Shares Short (as of Mar 15, 2013)3:

    157.25K

    Short Ratio (as of Mar 15, 2013)3:

    1.20

    Short % of Float (as of Mar 15, 2013)3:

    3.00%

    Shares Short (prior month)3:

    160.75K

    Source: Yahoo Finance

    Disclosure: I am short CLIR.

    Tags: CLIR
    Apr 11 2:59 PM | Link | Comment!
  • Forensic Research On Clearsign Combustion Corporation

    Langley, WA -- February 18, 2013 -- Announcing investigative research by 3FootCrowbar.com and its current case study of Clearsign Combustion Corporation (NASDAQ: CLIR)

    http://www.3footcrowbar.com/

    Latest Research

    Slide shows of Evidence

    3 Foot Crowbar, investigative research by Short Seller, Matt Berry

    If a person of sound mind tried to tell you that he had a three-foot crowbar inside a one foot square box, you wouldn't need to (1) look inside that box, (2) get a subpoena from a judge, or (3) debate the man's honesty. You know that (1) this is mathematically impossible, (2) additional information would be nice, but it wouldn't be necessary, and you would also know instantly that (3) he's lying to you. That's what's so nice about deduction. It's neat; it's clean; it's done.

    After careful research on Clearsign Combustion Corporation, Matt Berry has taken a short position in the stock.

    Disclosure: I am short CLIR.

    Tags: CLIR
    Feb 18 11:13 AM | Link | Comment!
  • Clearsign: Lies, Omissions, And A Permanent Bar From The Securities Industry

    Clearsign Combustion Corporation (CLIR)

    -- New research posted on my new blog: http://www.3footcrowbar.com/

    Disclosure: I am short CLIR.

    Tags: CLIR
    Feb 05 9:02 AM | Link | 1 Comment
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