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Lignol Energy Corporation V.LEC



TSXV:LEC - Post by User

Comment by 2guyson Aug 10, 2011 8:51am
151 Views
Post# 18925227

RE: Insider Selling..Has it Stopped?...

RE: Insider Selling..Has it Stopped?...Sorry, I shouldn't have said he bought the majority of shares at 0.12, rather that he bought on the open market just under 500k @ 0.12 prior.

David Lyall still owns over 5 million shares of LEC directly and indirectly, so the recent 61k shares sold at .172 is a drop in the bucket.

It does come at a time market weakness, so that doesn't help the share price much. 

Again, jumped too soon prior to seeing the total picture.  Will keep a close eye on this just in case but doubt it will matter much moving forward.  atb
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