RE:Not a Pump and Dumpnot sure why you have such confidence in the future prospects of gph when those running the business are very reluctant to put up their own $
- Anthony Huston (President, CEO, Director): owns 80,000 shares and 1.73 million warrants and options that are well out of the money.
- Doug Smith (Executive Chairman of the Board): no holdings.
- Allen Ahlgren (NASDAQ:CFO): owns no shares, 600,000 options that are well out of the money.
- David Hembree (GM of Operation): no holdings.
- Brian Budd (director): owns 40,500 shares plus 650,000 options that are well out of the money.
- Jim Currie (director): owns no shares plus 500,000 options that are well out of the money.
- Patrick Smith (director): owns no shares plus 500,000 options that are well out of the money.
This amounts to 120,500 shares worth C$8,435 (~$6,300) and 3.98 million options with an average exercise price of C$0.18/share and a 3+ year duration. Even if we look at the fully diluted insider ownership (3.99 million shares out of 246 million fully diluted shares outstanding) we get a figure of <2%. Actual insider ownership is <0.1%.
80,000 shares is not putting a whole lot of skin in the game is it.