RE:Insiders...
Ekenbullets wrote: Hoho? Where are the insiders buying stocks in expectancy of a deal? How many bought stocks the last 12 months? The last 3 years. Have a look. You will find nothing. If Sernova was on the verge to get a deal popping the sp to 2 dollars plus why not buy stocks for easy money? No matter how many stocks you already own. Because easy money may not be found here.
Management gave themselves close to 40 million in Dsu convertible at 1.20 per share .... trade free risk .... last years AGM they said it was needed to hire and entice more staff. CFO accountant of 2 years got 5 million warrant dsu's ... Frank Holler is the architect behind this .... Selfie Ray Matthews the Ir guy behind the scenes completes the boys club FYI.
Eken - that's why no insider buys . Just retail investors that have supported the company over the years and risked their own money . Toleikis has bought in the market and has owned lots of shares for awhile ... for the record .
Pretty risk free trade for management . If it doesn't work out , don't really lose anything . If it goes to the moon, they cash in . The dilution to the float is enormous. Last year was the year to stop it ,
MS