RE: $895k in Annual Management Salary...Never said they were a "squad of boiler room scoundrels", just that LEC is "top heavy" and they haven't proven themselves commercially yet, and with only 5 months left of funds, most of it is going to their back bottoms and not the bottom line.
How's about these well paid "assets", put a few thousand dollars together and buy some LEC shares on the open market?
At least if they don't choose to buy their own stock at such low prices, just don't sell either. Yet that's what has happened isn't it? Quite disappointed the way this is turning out.
Lignol Energy Corporation (LEC) | As of October 6th, 2011 |
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Oct 05/11 | Oct 03/11 | Disbrow, Robert | Control or Direction | Common Shares | 10 - Disposition in the public market | -7,000 |
.100 |
| Sep 02/11 | Sep 01/11 | Lyall, David | Control or Direction | Common Shares | 10 - Disposition in the public market | -50,000 |
.160 |
| Sep 02/11 | Aug 31/11 | Lyall, David | Control or Direction | Common Shares | 10 - Disposition in the public market | -47,000 |
.160 |
| Aug 26/11 | Aug 23/11 | Lyall, David | Control or Direction | Common Shares | 10 - Disposition in the public market | -52,500 |
.160 |
| Aug 19/11 | Aug 16/11 | Lyall, David | Control or Direction | Common Shares | 10 - Disposition in the public market | -46,000 |
.160 |
| Aug 12/11 | Aug 08/11 | Lyall, David | Control or Direction | Common Shares | 10 - Disposition in the public market | -113,000 |
.162 |
| Aug 08/11 | Aug 05/11 | Lyall, David | Control or Direction | Common Shares | 10 - Disposition in the public market | -61,000 |
.172 |
| Apr 08/11 | Apr 07/11 | Lyall, David | Control or Direction | Common Shares | 00 - Opening Balance-Initial SEDI Report | | |
| Apr 08/11 | Apr 07/11 | Lyall, David | Indirect Ownership | Common Shares | 00 - Opening Balance-Initial SEDI Report | | |
| Mar 31/11 | Mar 31/11 | Rushton, Michael Anthony Charles | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -53,100 |
.085 |