RE:GSP...Insider transaction..nice to seesw248, there are some corporations out there that require their board members to hold common shares, and it would be interesting to find out if Gensource has a corporate policy that all non executive directors coming on board are required to purchase / hold a certain dollar amount of shares from the open market within a specified time frame of becoming a director.
One would have to dig into the GSP articles of incorporation to see if those policies exist.
Mr. Dyer spent $101,250 on acquiring these .27 cent shares, so it is a sizeable personal investment for sure which is interesting, as he was granted more than a million options at .21 cents in April 2021, so why not just exersize a portion of those options, and the corporation benefits from that cash brought in?
Its too bad more companies dont implement a policy like that, as a board member that has actual skin in the game is more apt to make things happen for all shareholders, than those on corporate boards who hold no shares and just collect directors fee cheques.