RE:Another first for ish! Thanks Jessa, while really positive, the asks just keep piling in. With Bondar selling millions of shares this company will continue to have a stink on it, and ya, I know, its for his financial planning and tax planning, bottom line is, he continues to dump and he has millions more and cheap options. Putting himself ahead of the company and shareholders from where I sit, and while I hold a significant amount of shares, I am not holding my breath. Volume on this news is sad, HITI and META have joined forces, trading millions of shares and FAF and CHOO have no news and are almost at the same volume. That alone is deafening. Zero insider buying and insiders selling tells a story that will keep institutions away regardless of the business model, which I really like and the only reason to be a shareholder IMO..
This has a chance to hit 25/30 cents if someone comes calling, Otherwise, tomorrow, back to a few thousand shares trading and trying to keep it between 13/14.5 cents. I hate to admit it but they are being out manovered by others in this space at this point in time while management looks only to their advantage and not all shareholders, (examples the merger between HITI/META and FAF investment by Couche Tard). Next shoe to fall will be CFO selling for "tax and financial reasons" I predict.
Even with being the first to show a glimmer of a profit, no legs and that is disappointing. I have said we are several quarters away from a profit or a good idea of what we have, but from where I stand, the management dumping and zero buying is sending a message to everyone but retail investors. The message is stay away otherwise we would start to see some traction and not asks that keep piling into the bids, which are not impressive by any standard. Still hopeful, but reality is, and always will be, in the trades. Good Luck.