RE:Insider FilingsWhy wouldn't he be buying 10,000 at $2.13. Mr. Nazarpour did, after all, seem to have a hand in somehow ensuring the facilitation of a the even further GRA share price collapse from pre Q1/2022 conference call share price points graphene007.
The clear problem with Mr. Nazarpour's having purchased 10,000 GRA shares at a share price of $2.13, would quite obviously be that Mr. Nazarpour's so called committed 50% of the largest NanoXplore shareholders, a handful of shareholders who Soroush Nazarpour went out of his way to point out during the recent Q1/2023 conference call did support the strategic 5 year business development "investment" plan, are collectively not buying up every share available at recent share price lows or at all.
Do you know why those 50% of largest NanoXplore shareholders, again a handful of company's largest shareholders who Mr. Nazarpour made sure to emphasize for "the street" had collectively committed to supporting the company's strategic 5 year business development "investment" plan, are not joining Mr. Nazarpor in purchasing huge swaths of additional NanoXplore common shares graphene007?
I've clearly previously explained the reasoning why and provided the very answers to such a question graphene007.
ANSWER: Those handful and 50% of NanoXplore's largest shareholders, who Mr. Nazarpour made sure to emphasize for "the street" had collectively committed to supporting the company's strategic 5 year business development "investment" plan, are clearly waiting for the previously determined absolute lowest NanoXplore share prices which would all too conveniently be made available for them, i.e. GRA share prices which are to be made to be either wholly reflective of the company's established cash on hand or are wholly representative of a required discount to NanoXplore's established cash on hand going forward.
It wouldn't be the first time a founder and CEO of any given equities issuer purchased shares at recent additionally collapsed share price points. The fact that Mr. Nazarpour did purchase shares very much tells you what the largest 50 NanoXplore shareholders pretty much know. i.e. they would have confirmed for their purposes that there would presently be "no tangible deliverables" successfully acheived, which could be publicly disseminated for all NanoXplore share holders and "the street" respectively going forward.
Whether inadvertently or otherwise, Mr. Nazarpour has just conceivably confirmed, by way of his recent purchases (if true), that the green light to further aggressively sell short GRA shares, is a GO!
It's now most likely that we are about to endure, yet again, another most serious wave of concertedly undertaken, spooled up and all too conveniently triggered downward NanoXplore share price chaos.
As I suggested, keep your powder dry people.
I believe (and I hope I am absolutely wrong here) the GRA share price is to collapse much farther downward from the current share price.
Holy jumping Jehoshaphat Batman!