Insider Buys Again Looks like Neil has averaged down a penny to 64 cents here ... should save these dollars for the convertible debt issue that's coming up. 30 Million with 8% coupon and an exchange ratio at 65 cents. Maybe it's all debt at 15% or a private placement at 50 cents (would explain the walk down in share price)? Hard to negotiate good terms when everyone sees that you are holding bad cards.
Dec 12/12 Dec 12/12 McMillan, Neil Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $0.550
Sep 7/12 Sep 7/12 Longo, Peter Anthony Direct Ownership Common Shares 10 - Acquisition in the public market 25,800 $0.770
Sep 4/12 Sep 4/12 Nieman, Ted John Direct Ownership Common Shares 10 - Acquisition in the public market 1,050 $0.700
Aug 23/12 Aug 21/12 McMillan, Neil Direct Ownership Common Shares 10 - Acquisition in the public market 100,000 $0.650