RE: question of the day Good Morning Honda..
In response to the insider sells...........I found the info yesterday and it was not all he owned...
Actually there are over 6 million options still waiting to be taken out........
.I have the link but it's a PDF so you can see yourself on sedar......Lots to read........
Taylor is a Director and most likely needed cash to take out more options ....they run up to 2012 at prices from .10 cents to .30 cents.( average of .18 cents)..............
They are not free and require cash to purchase...........
There is also 2.2 million warrants at .40 cents due Dec this year....
Hence the support there I would assume.... It seems they may be in the process of being excersied if I am correct ??? not sure but it appears is looking like it may be happening..
And to add to that they have the new agreement passed at the last meeting to add more options ...
I had that number but cannot find it right now...........(8 million more I believe) Price ??? not sure...
Anyways ............Pinetree also took a 10% stake with the last financing so that is good because they have been in on some of the best plays......
That does't leave many free trading shares left..........Insiders own over 10% and climbing and Pinetree has 10% so it leaves a tighter float...
Anyways ..............off to the island with the kids ............