NanoXplore Inc T.GRA

re optoins

[ridethewinners]

I think several points are missed here. First, the director who sold may be a risk averse investor, or may just not have the cash to pay for the shares that were available to him. The options were due to expire (likely), so if he does not have the financial resources to buy the shares, he exercises and sells.
 
Second, regardless of why he did it, that is his private affair and the company should not be required nor expected to comment. He is entitled to his privacy. 

Lastly, when I mentioned full disclosure, i was not expecting any justificatoin for insider trades, they do not matter. I am hoping for disclosure of material corporate  initiatives that have been significantly delayed. Volta, drilling fluids, and the financing of the 5 year plan, all of which have been talked about openly for the last several quarters and yet none of it has happened. I would also like to hear that there is an IR plan in place. Better liquidity would be a benefit to all of us. 

Best of luck

[1student]

Ridethewinners, You stated "the director who sold may be a risk averse investor, or may just not have the cash to pay for the shares that were available to him. The options were due to expire (likely), so if he does not have the financial resources to buy the shares, he exercises and sells. The NanoXplore insider, Mr. Rocco Marinaccio, who exercised all those options and then

[Dumont]

Hi 1Student: Seems to me that  Rocco continues to hold about  205,000 GRA shares. To exercise and hold these expiring 680,000 option shares would have required almost $1 million cash. With the share price at a level that precludes many sources offering margin, that is a lot of cash for a working stiff. So if he was able to find a buyer for his option shares and make a large chunk of

[1student]

Dumont, I didn't once mention the amount of previously vested of shares Mr. Marinaccio held; I spoke specifically about the options exercise  and disposition of $500.000.00 worth of resulting GRA.T shares. So, Mr. Marinaccio stands to come into a $500,000.00 windfall if the company or anybody else willing to buy all those GRA.T shares which he is prepared to sell lends him $1 Mllion

[Dumont]

1Student, Not sure I understand what you concerned about. It seems clear to me that Rocco exercised his options to purchase 680,000   GRA shares at about $1.41 per share and sold those shares same day ,or very close to , in two blocks,230,000 at about $2.14, and 450,000 at $1.95, taking out the balance as a capital gain.  Given that he held 205,000 shares before and after these

[1student]

Dumont, That is correct. I am "anticipating something detrimental to shareholders in either the financials, Feb 13, or Soroush's commentary next Wednesday morning". We all should know by now that leading up to and especially following NanoXplore quarterly financials being released andcompany confernce calls, NanoXplore is always sold short. I bet big on the NanoXplore share price

[lire1]

Hi 1Student I think the one thing we can be fairly sure of is that the share price is not going to stay at $$2.ish for much longer, though I'm not so sure that your extreme pessimism warranted ( maybe just a hope).  in any case, I don't think , given recent volumes, that many shares could be dumped between now and Tuesday close of markets so we're kind of stuck. Remember

[1student]

Lire1, That's nice. I'll tel you what i told ridethewinners. I do not believe in luck

[lire1]

Well,I agree that it's not a good business plan!