SHARC Energy Systems C.SHRC

Insider buying: Very good sign of confidence, YES or NO

[Growth100Percnt]

Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	Volume or Value	Price
Dec 23/20	Dec 20/20	Pannu, Hanspaul	Direct Ownership	Options	50 - Grant of options	300,000	$0.345
Dec 23/20	Dec 20/20	Saurette, Allen	Direct Ownership	Options	50 - Grant of options	75,000	$0.345
Dec 23/20	Dec 20/20	Mueller, Lynn	Direct Ownership	Options	50 - Grant of options	225,000	$0.345
Dec 23/20	Dec 20/20	Harcourt, Michael Franklin	Direct Ownership	Options	50 - Grant of options	75,000	$0.345
Dec 23/20	Dec 20/20	Engelhardt, Matthew Aaron	Direct Ownership	Options	50 - Grant of options	25,000	$0.345
Dec 23/20	Dec 20/20	Despotovski, Sasko	Direct Ownership	Options	50 - Grant of options	75,000	$0.345
Dec 23/20	Dec 20/20	Chiu, Eleanor Pui Fong	Direct Ownership	Options	50 - Grant of options	75,000	$0.345
Dec 23/20	Dec 20/20	Anderson, Daryle	Direct Ownership	Options	50 - Grant of options	75,000	$0.345
Dec 19/20	Dec 18/20	Saurette, Allen	Direct Ownership	Common Shares	16 - Acquisition under a prospectus exemption	100,000	$0.300
Dec 19/20	Dec 18/20	Engelhardt, Matthew Aaron	Direct Ownership	Common Shares	16 - Acquisition under a prospectus exemption	100,000	$0.300

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[Growth100Percnt]

Nice to see management buying at these levels.

[canyousayiii]

The granting of options is generally a non-event in terms of confidence. They are incentive but there is not as great of a pressure not to exercise them as there is to earn the salary. PP participation is good as there is some real out of pocket skin, but the risk is reduced by the amount invested, the discount to the market and bonus warrants. IMO, luke warm good, nothing that would signal

[Growth100Percnt]

They still had to invest their own money to get the options, correct?

[canyousayiii]

No. The options are basically a reserved price to buy up to expiry of the terms. You will pay the money and buy them only if the market price is higher i.e. you are confident you will make money on the investment. So it is an opportunity to make money in the future with no upfront cost. Risk free.

[Growth100Percnt]

Oh, I totally misunderstood it.  Thanks Canyou.