Fantasy Mike F´s salary of $152,000/year nets him approx $7770/month. At current stock price of 1.5 cents. If Fantasy Mike were to purchase $1770 worth of XTT shares he could accumulate 518,000 shares of XTT per month. This leaves him $6000/month to spend at Temptations Resort and leg waxing.
Why does he choose not to buy more shares of his company when the current stock price is not management's fault? He obviously has the inside scoop and refuses to accumulate cheap shares.
WHY..........Bankruptcy perhaps? There is no activity going on at XTT so there is no black out period preventing insiders from buying.
Watch that $500K working capital go to zero.