RE:RE:RE:Insiders are scamming shareholders. Nice to hear you are a long term buyer here cherman. Congrats on your purchase. All I was saying is that it benefits all of us the more that insiders buy. Again the price as you said could have been higher but the current sentiment in this sector as you know is abysmal. Here is the part of the release you were referring to:
I wonder who and how much any given insider will participate in the placement? The more the merrier is my view. This is from "It is anticipated that insiders of the Company may participate in the Offering. By virtue of their participation, the Offering would constitute a "related party transaction" under applicable securities laws. The Company expects to release a material change report including details with respect to the related party transaction less than 21 days prior to the closing of the Offering, which the Company deems reasonable in the circumstances so as to be able to avail itself of potential financing opportunities and complete the Offering in an expeditious manner. As the related party transaction will not exceed specified limits and will constitute a distribution of securities for cash, it is expected that neither a formal valuation nor minority shareholder approval will be required in connection with the Offering." I bet our BOSS will be in there followed by maybe a few more insiders. The Cudman? Perhaps...He may just mop up down here as he has before...Find out soon enough.