10% owner Edward D Bagley sells 700,000 CLRO shares at $3.00; stock now $4.68, down 76.2% from 52-week high
Edward D Bagley, a 10% owner, sold 700,000 shares (83.3% of his pre-transaction holdings) at $3.00 on 2025-11-24, reducing his stake from 840,668 shares to 140,668 shares. The sale occurred at a price significantly below the current market price of $4.68 and well below the 52-week high of $19.65 (stock has declined 76.2% from its peak and 21.0% over the past 30 days). At the same ticker, Bagley's 5 prior trades were all buys executed between 2023 and 2025, each followed by substantial 90-day returns (ranging from +1091.7% to +3714.8%), indicating a consistent pattern of well-timed entry points. The company's fundamentals are severely deteriorated: revenue is $0.00 (latest quarter), full-year net income was $-13,736,000.00, and annual revenue contracted 39.1% year-over-year, with a market cap of only $8,116,290.00. Bagley's shift from a pattern of accumulative buys to a massive liquidation of 83.3% of holdings, executed into a collapsed stock price and declining business, stands in sharp contrast to his historical timing acumen at this ticker.