MAJOR BUYING BY INSIDERS!!!Even Tellier bought a few hundred thousand shares at 90 cents a month ago! I think there maybe some hope on the common shares after all. The company now has a market cap of $75 million and a book value after the $2.9 bill writedown of $2 billion or $4 per share. If they can still pull off over a billion in annual revenues and show $50 million in cashflow, I think YLO can recover over the next year back to a buck. It will be interesting to see if the insiders were loading up this week. We should have the filings in by next week. I don't think YLO is going bust so it could be a good time to roll the dice and average down. I am very impressed with all of htis insider buying at 90 cents:
| Insider name: | Gaulding, John R. | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer | |
| Ceased to be Insider: | Not applicable | |
<><> | Security designation: | Common Shares | |
<><> | | | | | 1918502 | 2011-08-08 | 2011-08-09 | Direct Ownership :
| 10 - Acquisition or disposition in the public market 25,000 @ 86 cents | +25,000 | 0.8660 | USD | 71,674 | | | | | | | | |
<><> | Insider name: | Gobeil, Paul | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer | |
| Ceased to be Insider: | Not applicable | |
<><> | Security designation: | Common Shares | |
<><> | | | | | 1918826 | 2011-08-08 | 2011-08-10 | Direct Ownership :
| 10 - Acquisition or disposition in the public market bought 50,000 @ 85
| +50,000 | 0.8500 | | 108,674 | | | | | | | | |
<><> | Insider name: | Lambert, Michael Robert | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer | |
| Ceased to be Insider: | Not applicable | |
<><> | Security designation: | Common Shares | |
<><> | | | | | 1917059 | 2011-08-08 | 2011-08-0 | Direct Ownership
| 10 - Acquisition or disposition in the public market | +100,000 | 0.8600 | | 146,674 | | | | | | | | |
<><> | | | | | 1917060 | 2011-08-08 | 2011-08-08 | Direct Ownership :
| 10 - Acquisition or disposition in the public market | +29,500 | 0.8900 | | 176,174 | | | | | | | | |
<><> | | | | | 1917061 | 2011-08-08 | 2011-08-08 | Direct Ownership :
| 10 - Acquisition or disposition in the public market | +70,500 | 0.9000 | | 246,674 | | | | | | | | |
<><> | Insider name: | Maillé, Ginette | |
| Insider's Relationship to Issuer: | 5 - Senior Officer of Issuer | |
| Ceased to be Insider: | Not applicable | |
<><> | Security designation: | Common Shares | |
<><> | | | | | 1919830 | 2011-08-11 | 2011-08-11 | Direct Ownership :
| 10 - Acquisition or disposition in the public market | +14,500 | 0.7600 | | 47,501 | | | | | | | | |
<><> | Insider name: | Nisenholtz, Martin | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer | |
| Ceased to be Insider: | Not applicable | |
<><> | Security designation: | Common Shares | |
<><> | | | | | 1918519 | 2011-08-09 | 2011-08-09 | Direct Ownership :
| 10 - Acquisition or disposition in the public market | +5,000 | 0.8880 | USD | 46,674 | | | | | | | | |
<><> | Insider name: | Reisch, Marc L. | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer | |
| Ceased to be Insider: | Not applicable | |
<><> | Security designation: | Common Shares | |
<><> | | | | | 1917338 | 2011-08-08 | 2011-08-08 | Direct Ownership :
| 10 - Acquisition or disposition in the public market | +150,000 | 0.8848 | USD | 364,042 | | | | | | | | |
<><> | Insider name: | Roach, Michael | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer | |
| Ceased to be Insider: | Not applicable | |
<><> | Security designation: | Common Shares | |
<><> | | | | | 1918653 | 2011-08-08 | 2011-08-09 | Indirect Ownership :
Roach Living Legacy Inc. | 10 - Acquisition or disposition in the public market | +50,000 | 0.8500 | | 52,000 | | | | | | | | |
<><> | | | | | 1918654 | 2011-08-08 | 2011-08-09 | Indirect Ownership :
Roach Living Legacy Inc. | 10 - Acquisition or disposition in the public market | +50,000 | 0.9000 | | 102,000 | | | | | | | | |
<><> | Insider name: | Tellier, Marc | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer, 5 - Senior Officer of Issuer | |
| Ceased to be Insider: | Not applicable | |
<><> | Security designation: | Common Shares | |
<><> | | | | | 1916945 | 2011-08-08 | 2011-08-08 | Direct Ownership :
| 10 - Acquisition or disposition in the public market | +158,000 | 0.9000 | | 455,630 |