RE:RE:RE:Another first for ish! I have to say transparent on selling millions of shares, he did warned shareholders, and I said I liked the model, what I do not like is dumping and no buying. No insider is buying, no insider has bought for what seems like years, only dumped.
Despite the things they have done, of that I have no quarrel at this point, the dumping is putting a pale on the company regardless if he wants a new car or not. From where I stand, there is really nothing else.
I always expect insiders to profit, and I have never had an issue with it, but I do also expect shareholders to profit along with them. Dumping millions of shares that in the future you have assumed will be worth a lot more is reckless and sends a message of "me above anyone else", and not carefully planning for the future. Most importantly, institutions do not see this as careful planning for the future, it has an immediacy and greed appearance, especially when accompanied by acclimations of the future by the seller.
First work towards a share price of 25/30 cents because with the float that is what were worth at the moment IMO. His dumping hit the reset button when this started to gain some legs, and with the news that profit could be a word in the next few quarters, we have less than a half a million shares traded and a "bump", lol, to where it has been since he took the legs out from under the sp. Insider selling is not always a bad thing as bashers love to try and sell, but in this case, and the millions dumped, is killing us IMO.
Good luck