RE:RE:Insider BuyingReasons for insider buying. & Focus of Direction
This is my opinion only.
1. With the current private placement ongoing trying to raise capital so they can meet payroll and other in-house obligations I believe the insiders are trying to prop up the share price which consistently is getting shorted..
2. I believe Mike has convinced certain insiders that there still is Hope for a large deployment somewhere.
3. On a real long shot they might be privy to something finally happening but my doubts have the better of me.
4 Mike and team have been solely focused on just raising capital and that is completely evident by the numerous deals that have come across the table with absolutely zero execution.
Case in point one just needs to look at the UK deal where they indicated they had a commercialization agreement which still has a materialized, the Pharma choice deal again has not materialized.
These two indicate to me that either the research in the market of deployment wasn't clear or they are unable to find a way to market but the sad part is people are dying.
5. If their commitment was saving lives then you would want the entire investment community behind them right now in the way of a social media reach whereby they could communicate with investors but more so have the marketing platform to show them what is going on day to day the fact that they do not have one is a complete lack of vision in understanding that it takes a village to raise a child why not use this community, and more importantly they're not interested in getting recognition or growth .
6. To this point, look it's summertime highest incident rate in North America for skin cancer the possibility and awareness campaign yet has missed one more year they should be on beaches they should be doing things to bring attention to their company but all they can seem to muster is the continuing of begging for money to go after the large contracts consistently shooting cannons insteading of firing bullets. To date how many scan have they done. That is the proof in the pudding.
Really can't argue with this.