NR: More shares for share-selling directorshttps://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C%3aNDX-1735181&symbol=NDX®ion=C
Wow! For all of us who bought our shares in the market, Neil and Co. couldn't insult us more. The directors, who sold most of their shares in the market (excepting for Neil, the lot of them were down to 1.3 million shares, total, the last I checked) on buying brought in by the old IR team, now get almost 900k shares in shares for debt. If you add that to the large amount of options they got by firing the old IR team and taking the options Neil M had promised the IR team for their work, they are doing quite well.
And as I've stated, every financing has been done in the market (ie. bought by IR in-the-market because Neil's hand picked people sell their PP every time) and there has been zero follow-through with institutions. So what have the free-loading BOD done for the company?
This is a joke. Neil, who had stated in the past he wanted to get rid of his BOD, is really showing his naivete and cowardice. It's hard to see fundamentals this good be f-cked up so badly.
Jim