RE:Andrew CEOWe have no idea what Andrew's future plans are but lets just be happy that the company is now being steered by someone that has a large stake in the company.
You may not have noticed this in the update:
"As CEO, I am grateful to be in a position to support our ongoing developments with an investment of more than CAD $400,000, adding substantially to my current holdings,"
As per my calculations Andrew has increase his purchase in this latest PP from 2,500,000 to 4,000,000 which means he now has over 10,000,000 shares.
I don't think his intentions are to take the company private. I think he would be quite happy to see the share price to go to $2.00+. I assume his average is now below $.20. Even at $2.00 that is a profit of $1.80 x 10,000,000 = $18,000,000. From an initial investment of $2,000,000 that is a very tidy profit.
With his guidance if he take my investment to $2.00+ per share I will be a very happy camper.