RE:RE:ACB CEO T. Booth BUYS $250 000 of debentures 1) The debentures he bought convert to shares at $6.50 which means he personally values the company at 6.50.
2) He exercised warrants that will expire next week. Those warrants entitle him to buy shares at 3$. He could have more than doubled his money if he sold those 3$ shares immediatelty after he acquired them BUT HE DIDNT.
3) This is is how CEO's and board of directors get paid (along with whatever income)
4) a) My post is clearly in response to whoever keeps posting about Booth selling off. That poster is only showing one side of the equation so I'm balancing it out.
b) I also shared a link so that anyone who wanted could get the full picture.