Insiders' Black Out - D. WRIGHT (Chairman) bought at ~C$0.6Agree doggonemad. For instance, Donald Wright, TID's Chairman, bought 13 million shares at ~C$0.60 (average) in 2012.
This is why, it is not rocket science to estimate the acquisition price....But, many retail investors are extremely short-sighted. TID is the biggest buying opportunity currently.
If you also contact TID, they will tell you that the insiders are currently blacked out from buying shares. This black out started when the strategic process was initiated in May 2013.
Here is the excerpt from Canadian insider.com with Wright's purchases:
| Apr 2/12 | Mar 28/12 | Wright, Donald Arthur | Indirect Ownership | Common Shares | 11 - Acquisition carried out privately | 5,348,747 | $0.700 |
| Apr 2/12 | Mar 26/12 | Moyes, Bruce Gordon | Direct Ownership | Common Shares | 90 - Change in the nature of ownership | -6,100 | |
| Apr 2/12 | Mar 26/12 | Moyes, Bruce Gordon | Indirect Ownership | Common Shares | 90 - Change in the nature of ownership | 6,100 | |
| Apr 2/12 | Mar 26/12 | Moyes, Bruce Gordon | Direct Ownership | Common Shares | 90 - Change in the nature of ownership | -27,500 | |
| Apr 2/12 | Mar 26/12 | Moyes, Bruce Gordon | Indirect Ownership | Common Shares | 90 - Change in the nature of ownership | 27,500 | |
| Jun 1/12 | Feb 29/12 | Wright, Donald Arthur | Direct Ownership | Common Shares | 11 - Acquisition carried out privately | 8,000,000 | $0.480 |