What Management Should Do....With the share price supressed so much, why doesn't senior management, whose base salary is well in excess of $200k annually each, with the CEO making $257.5k in 2010, start showing some support and buy the cheap shares out there.
So far, not much in the way of insiders buying. Actually, Michael Rushton who made $208k in 2010 seems to have needed to sell a few shares back in March for under a dime.
What is it, they need a raise in order to buy on the open market? Show some support fellas. JMO
Lignol Energy Corporation (LEC) | As of September 22nd, 2011 |
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| 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 |
| Mar 31/11 | Mar 31/11 | Rushton, Michael Anthony Charles | Indirect Ownership | Common Shares | 10 - Disposition in the public market | -21,000 |
.090 |