RE:I DON'T LIKE This Phrase !!! "Significant Interest..." !!! I don't understand your point, Eigen 333. Acceleware is raising capital (2.5 mln) by selling debentures that could be converted to AXE shares above th current market price. What's wrong with this? How would the company benefit if the insiders bought shares on the open market? The insiders must have a lot of confdence in the success of the pilot project and this company in general if they invest more money despite already owning about 30% of all the outstanding shares.
Eigen337 wrote: Well IF there is "significant interest from current shareholders, suppliers, vendors, and consultants", you 'should' LET THEM BUY the AXE shares ON THE OPEN PUBLIC MARKETS !!!!
Why are you RELEASING THE BUYING PRESSURE ?????
This is INFERIOR capital management and AGAINST the LONG TERM INTERESTS of shareholders !!!
I can 'SEE' that these guys are AMATEURS when it comes to CAPITAL FINANCINGS !!!???!!!
This is the SECOND TIME and CERTAIN INSIDERS are BENEFITING !!!
This is my opinion only.
Eigen337