RE:Very surprised that Penny hasn't traded her 18% I'm not surprised.
The company has over an 80 miliion dollar market cap, how in god's name is it worth that?!
That's the reason insiders are selling, it's way over valued, no surprises here.
No company would entertain a purchase at these prices.
They've got six months, or maybe less, of working capital left at the current burn rate, providing they don't have a breakthrough.
If anyone was to aquire them, they'd be smart enough to wait till them fall, not just stumble as they're doing now.
Ramson wrote: She could trade her shares to a bigger companie for there shares. Make her way in a better way then if she stayed with glance. If Desmond left same thing. I don't think that this has happened from there being no stop trade ordered to explain to us investors. A new bigger companie would be buying as much shares as it could. Maybe Penny agreed with Desmond, family's look outside the box when there that good at what they do. Hopefully Penny and Desmond are following the path of friendship. Hopefully I'm right and we're soon we'll over a dollar where we belong.