WarrantsWell I don't know if "nothing at all" is all that accurate.
It does mean that $160,000.00 plus goes into the treasury. That helps with ongoing operating expenses. That is also not an insignificant sum for one director to put into a company.
He is already a declared insider and being in possession of warrants that he can exercise at any time means that whether or not he had possession of special information is a non-issue.
Given the recent low volumes of this issue and the narrow spread between current trading levels and exercise price there has to have been some special circumstance that would prompt his action. He can't look to turn around and dump the shares because that would flood the market.
Good Digging Yoel87. Not sure I will add to my position but definately will be monitoring a little more closely.
Onward and Upward.