Insiders sold shares on the open market 1,100,000 to be exact. That is all you saw, or wanted to see, so the bashing of mgmt proceeded ad nauseam !
During that same time period (days) insiders “ BOUGHT” shares through the exercise of options /warrants to the tune of approx. $1,647,000.
The $1,647,000 cash went into the company coffers. Kudos to all the insiders who strengthened our balance sheet.
The bonus for insiders that participated is they now own millions more shares in their personal investment accounts. – Smart & Well deserved IMO
Why haven’t I posted this before ??? Ask your old buddies BCD & Leb.
C.M.
This is not an accusation on you FJ (or anyone in particular) as I have much respect for your ability to articulate the DD you do and contribute that on this board.
My 2 questions:
Would this not have been worthy of a news release by the company to inform investors even after the fact?
Why would BCD and or Leb have influence over information shared by other posters?
I realize that many posters here work together to manipulate wherever they can via PM's and etc. but had this info been shared it may have help to stop the drop in sp and saved some of the crazy scwabbling on this board at the time.
Thanks
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