RE: Is this the reason ?>OFFICER $13,510 OFFICER $-3,215,136
>DIRECTOR $254,264 DIRECTOR None
>Total Buying $267,774 Total Selling $-3,215,136
>Net Selling $-2,947,362
Where did you get these figures? SEDI.ca tells a different story. Since January, reported transactions show net purchase by insiders of just over 620,000 shares. Of 28 insiders, only one reported a net sale, and that was for just under 1100 shares. Tellier bought 207,983 at $11.32. There were numerous sales, but all were for shares bought for cheap (typically 3.92) upon exercise of options, and in most cases, only a portion of those shares were sold. Furthermore, during this time, YLO.UN bought 5,133,300 shares for cancellation, at prices ranging from 11.42 to 9.15.
Maybe you were looking at some other company by mistake?