Outgoing CFO participate in private placement at 80% premiumOutgoing CFO takin part int he private placement at a 80% premium is very positive in my opinion. CFO's generally don;'t burn cash...
"The Second Tranche was subscribed entirely, either directly or indirectly, by Martello insiders led by Terence Matthews, who invested CDN$1,000,000 through Wesley Clover International Corporation. Other insiders participating in the Second Tranche include Bruce Linton, John Proctor, Colley Clarke, Michael Michalyshyn, Don Smith, Mike Galvin and Erin Crowe."