RE: Insider Selling..Has it Stopped?...Apparently not. Doesn't give that warm, fuzzy feeling insider, but the guy holds 5 million share directly and indirectly so the amount is insignificant.
Just don't like the timing especially when there is little support. Small as it seems, it's not a good thing, IMO.
Lignol Energy Corporation (LEC) | As of August 14th, 2011 |
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| 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 |