RE:RE:RE:QNC CEO buys 300,000 sharesAlso don't forget Francis bought 2,000,000 shares in the PP at 0.05 cents. That's how he got the 2,000,000 warrents at 0.15 cents.
So his total is :
2,000,000 shares at 0.05 = $100,000
2,000,000 warrants converted into shares at 0.15 cents= $300,000
100,000 shares at 0.085= $8,500
200,000 shares at 0.09= $18,000
Grand total= $426,500
Even if he was worth $6,000,000 having 7.1% of his net worth in a speculative penny stock, would be a decent hit to his net worth if he was to lose it. Being CEO it's extremely likely he thinks QNC share price will rise.
And his annual income from QNC is $200,000 just factoring in the $26,500 buy thats 13.25% of his annual income. That's a statistically significant portion of his annual income.