RE: Insider trades etcThanks willpelly for sharing that email. Personally, I sent 3 or 4 emails in the past, and not one got answered, but it's good to see they're either answering them now, or at least are answering some enquiries.
Still top heavy, no matter who's selling. There's been more than 40k sells by insiders by LEC's executive team in the past 5 years, but that's not the sole issue.
Good to see they're taking a more aggressive approach to marketing, but with limited cash, and no sales and an executive team that is making what some major producers are making, they need to be as aggressive as possible if they don't decide to truly streamline operations.
Cashburn and lack of offtake agreements may bring this company down, if a white knight doesn't show up soon. I don't want to argue with any of the believers here, but the game plan and the tone of the posts has changed considerably ever since the DOE was supposed to be the main large supporter of LEC's technology back at the beginning of the year.
Things have changed, and unfortunately they've not changed for the better just yet. The clock is ticking, and if this well compensated executive team is worth their pay, they will come up with a deal sooner than later. Actually, they should've had one locked already, but IMO, the technology isn't at that stage just yet. Hopefully I'm proven wrong. atb