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D-Box Technologies Inc T.DBO

Alternate Symbol(s):  DBOXF

D-BOX Technologies Inc. is engaged in the business of designing, manufacturing and commercializing cutting-edge haptic motion systems. The Company produces motion effects specifically programmed for each visual content, which are sent to a motion system integrated into either a platform, a seat or any other product. The Company’s products include a movie theater, home entertainment, sim racing, gaming, simulation and training and attractions and theme parks. The Company focuses on approximately two markets, such as the entertainment market, and the simulation and training markets. With its motion experience being offered in more than 720 auditorium screens in over 40 countries.


TSX:DBO - Post by User

Bullboard Posts
Post by mayorkghon Dec 09, 2018 10:07am
131 Views
Post# 29088579

Insider Buys

Insider BuysFour officers and two directors have purchased 839k shares over a two week period from November 23 to December 7. What makes this unusual is the fact that since January 2015, i.e. four years ago, only two of them have made any open market purchases...Mailhot in February 2016 (155k) and Bernier in February 2017 (84k). All of them hold options to buy...Bernier 90k, Gemme, 505k, Halde 80k, Lacroix 200k, Mailhot 500k, and McMaster 7,000k. So, having options in hand and not having bought any meaningful amount of shares in the past four years, this group decides, all at the same time,  to open their wallets. It's too coincidental to be meaningless. I suppose one might suggest that they passed the word amongst themselves that in order to generate some interest in the stock, which has barely traded recently, they should all "chip in". That seems a too altruistic...a common sense desire for capital gain seems more likely. My guess is that some major annoucement is upcoming. That could range from a big sales contract to a strategic alliance to a sale of the company. My 2 cents for Sunday morning!
Bullboard Posts