RE:People talking about insider selling...DO YOUR HOMEWORKYour post makes no sense at all. Laughable at best and the best part is you're telling people to do their homework!
You're suggesting that the CEO (having insider knowledge that a deal is/might be imminent) sells his shares to buy into a pp at a lower price? Are you f@#king retarded? First this is insider trading! Second why would he want to absolutely demolish the momentum this stock HAD prior to the Ceo selling his shares amongst so many other reasons why your post reaks of inexperience and over-compensation!
People making themselves look foolish by inquiring why the CEO sold close to 8 M shares? Sorry bud, you've got that covered!!!
BTW from IR here is their reason for the recent insider selling! Nice try btw....
"This should not be concerning to you, as this is standard procedure for any public company. Our staff has over three years of "sweat equity", without salaries. Everyone needs to be paid for the work they do. We are continuing to add value ventures, and cash to our treasury. Shareholders would not be pleased if we were all paid the salaries we are qualified for (over $250,000/ann), if we are not in positive cash flow. The recent volume allowed for the exercise of our options/warrants program for our Management and Consultant team without hurting the market price. The exercise of options and warrants, cannot be sold on the bid and must be offered at the current market price as well, further protecting our shareholders, as per market regulations."
Catherine Jones IR