VMS VENTURES INC. VMSTF

RE: Complete insider summary..

[gcelmainis]

There is usually a good reason for executives to divest of their shareholdings with the most meaningless being that they just need the money. Let's just hope that this is the case.
What is obvious from the filings is Rosendaal, didn't sell to exorcise his options (as one poster was hypothesizing) because you would have seen the corresponding exercise transaction.
What it looks like is that he was speculating (which I don't particularly like) on his own stock. He seemed to buy about 250,000 shares in Sept at about 0.23-0.25/share, and sold them in the mid-0.40's range in the last week or so. Speculating on your own shares doesn't send the right message, IMHO.