RE:What CEO makes this excuse for lack of insider buyingWhen the CFO who makes $230K per year and has been with the company for a decade has amassed only 30,000 shares, what does that say?
The CFO knows the numbers very well, knows Gilles, and has no insider buys over a decade. It tells you there is no faith that there will be a positive return on the investment. Multiply this by all the insiders that have not purchased shares over the decade.
And now Gilles wants us to believe in him that this merger will do wonders. I guess all those positive NR was BS as only a sham merger will be the solution. The real solution is to get rid of management who has been self serving and to get a CEO and board who will work in the best interests of the company.
OATS, you have the ability to hold GILLES accountable now.