If I can help to put this topic to bed:
From the INK Insider Report (and one should applaud the timeliness of the reporting!):
There were 7 transactions from 3-28-2016 to 4-06-2016, for a total of 45,000 units. INK reports the prices in US$, just under $1.00, which would translate to approx CDN$1.3x.
As of 4-06-2016, the balances are:
Options (May 21, 2015) 10,500
Restricted Share Units 127,600
Common Shares 55,000 (100,000 - 45,000)
Officers usually have to get approval to sell, to avoid conflicts with pending news or reports. There are black-out periods to avoid the appearance of insider trading. The trades were properly spread over seven days and did not disturb the low volume market. The reporting was exceptionally timely. The reasons are none of our business.
I am not looking for replies! There are better topics.
Deke