RE:RE:CEO bought 100k - just filed100k in shares will do nothing here to support the share price. Warrant holders would be looking for more of a differential than 2-3 cents on their exercise price. As I said, either we are 5-6 million less in dilution by October 16 or the hammer drops and something goes, along with adding $1M to coffers. Either way, we are better off.
The sedi confirms it was a buy on open market, pure and simple signal to us in my view of confidence without contravening of insider trading regs while they wait for concrete contract material documentation to be presented, which could technically come as early as next week, or later, or not at all. He knows investors have been more than patient and I see this as his way to signal something important to shareholders. I see no other motivation here. I am 100% ok to be wrong here. GLTA.