registries Co-Founder Fred Krueger Sells Over 10% Of His Shares of Minds + Machines

[News]

Minds + Machines announced today that Fred Krueger informed the company that he sold 14,000,000 shares on May 28, 2015.

On May 26th Mr. Krueger announced he was leaving the company as executive chairman and would be succeeded by Keith Teare at which time he owned 128,481,604 shares representing over 15% of the company.

Minds + Machines were trading over 10.50P on Tuesday prior to Fred Krueger announcement.

Source

 

[pjb1978]

 

[Jasonn]

seems the new gtlds didn't go as big as he hoped so hes going back to focus on his old business.