RE:RE:RE:More insider activityOn Aug 31, and Sept 03, 2019, insiders bought for approximately $1.5 million in warrants and options.
At this very critical period in time, doesn't hurt to have more money in the Bank.
wildbird1 wrote: If you check the insider activity provided by Nailbiter1 on CEO.CA (SZLS), you will notice that on 2019,08,31 a total of 1,787,752 warrants were exercised by Rorry Riggs (director) at a price of 0.18$ each.
The big question is why would R.Riggs pay 0.18$ for each warrants when the current SP was less than half the price (0.085$).
If you read my last post (Cessation Of Billing) you will notice that the Billing process was stopped on march 31, 2019 and will resume in Q3 or Q4, 2019.
This could mean a noticable jump in revenue in Q3 or Q4.
My guess is that Rorry Riggs did pay 0.18$ for each warrants because he expect the SP(and revenue) to be much higher in Q3 or Q4, 2019.
KPOIndustries wrote: This is very interesting. One could assume that execs of StageZero are loading up on their position prior to an expected upswing....
Why else would one invest so much into the company at that level? Haters can hate, but the reality is, management clearly believes in the company and there is no reason for retailer investors to not believe.
Nailbiter1 wrote:
Latest one to take advantage of stock options.........................Filed 2019-09-03 19:13
Tx date 2019-08-23 $SZLS StageZero Life Sciences Ltd.
MacRae, Garth A. C.
4 - Director of Issuer
Options
50 - Grant of options $93,896
+938,960 vol
$0.10 each
2,077,920