Kirby doing it again

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Akerman

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Kirby doing it again

posted on Dec 18, 2009 08:22AM


Date	Insider	Shares	Transaction	Value

12/10/09	Mercer, Kirby, Director of Issuer	-480,000	Acquisition or disposition in the public market at $0.045 - $0.045 per share.	$-21,600
8/21/09	Mercer, Kirby, Director of Issuer	1,750,000	Acquisition or disposition under a prospectus exemption at $0.02 - $0.02 per share.	$35,000

Although I don't really like this I have to give Kirby the benefit of the doubt. Getting rid of 480,000 shares is definitely something that you don't like to see from an insider....but in saying that this company isn't currently making much money or generating much revenue from anything else. These guys still have to get paid for their work and make a living. So seeing this close to christmas doesn't really bother me. Plus looks like he actually made a little profit considering he bought at 2 cents....not many people can say that and CIVC in the same breathe...haha.

I expect to see him buy back sometime early in the new year either on the open market or through options....but only time will tell.