The April 2014 insider transaction was interesting. Rakesh Bhola exercised 100k options at $1.10 each and disposed all 100k shares at price between $1.12 - $1.17. The CEO exercised 175k options at $1.10 and sold none. Mr. Bhola made no gain in this round of option. The only explanation that I can think of is to put some operational fund into the company as it is cash tight. Between the two of them, by exercising the options, they have injected around $300K cash into the company. The cash is around $800K in early April if we count these transactions. It is good to see Sankar did not dispose any after exercisng at $1.10 each. Co-incidentally, the share price closed at $1.10 this Friday. Bascially, if you bought at $1.10 this Friday, you paid the same price as the CEO paid in April for exercsing those options.