RE:RE:RE:RE:RE:No one can convince meHow about the possibility that he exercised these warrants when he was privy to MATERIAL INSIDER INFORMATION and had an advantage over other investors, which makes his acquisition of stock ILLEGAL.
The normal thing would have been to let the warrants expiry because he could not buy with this insider information.
However he did not want to let go of the opportunity cause it was too much money lost and probably finds the rules unfair.
The only alternative would be to retire, not even resign, but retire to avoid any appearance of illegality.
Can you imagine the heat Doug will be in if he dumps these shares after learning of insider information like you say. He would be sued, all profits return, fine and criminal record.
MPO