Observation on insider buyingLots of negative comments on this board right now. I can't blame anyone. I don't see an end in sight and am perfectly happy sitting on the sidelines for a while longer. I would suggest that this company is not without value though. At some point I will jump back in as well but I can't see it being wise until well after the reverse split. Once the reverse split is done this will look a lot healthier, a company with some promising new and existing products solidly tanked on account of a series of moves that made perfect business sense but were absolutely idiotic from an investment point of view.
IMO the market will continue to punish them until the reverse split is done and it will take some time after before people start assessing what is really there and realizing that it may all have some value.
Some insider buying ahead of it all, pretty small but still a show of confidence.
May 26/06 May 26/06 Mäder, Hans J. 10 - Acquisition in the public market Common Shares 10,000 $0.190
May 24/06 May 23/06 de Rougé, Bonabes-Olivier 10 - Acquisition in the public market Common Shares 10,000 $0.210
May 23/06 May 19/06 de Rougé, Bonabes-Olivier 10 - Acquisition in the public market Common Shares 10,000 $0.215