RE:RE:RE:Can’t break $1.50It is definitely not feasible that Greenbriar is still held within a blackout period.
There has been two open market buys and one option buy by the Cliff Webb and Bill Sutherland.
There is absolutely no excuse for this occuring.
Jeff said that Cliff's wife purchased the shares "in his name" without his knowledge.
Seriously.
Then Bill Sutherland exercised options during the supposed blackout period and Jeff said that was acceptable even though they (insiders) are not supposed too. Their own insiders rules stipulate the following -
" Extension of Options Expiring During Blackout Period
3.10 Should the Expiry Date for an Option fall within a Blackout Period, such Expiry Date shall, subject to approval of the TSX Venture (or the NEX, as the case may be), be automatically extended without any further act or formality to that day which is the tenth (10th) Business Day after the end of the Blackout Period, such tenth Business Day to be considered the Expiry Date for such Option for all purposes under the Plan. Notwithstanding §2.8, the tenth Business Day period referred to in this §3.10 may not be extended by the Board."
No excuse is possible here either.
And then Bill purchases shares on the open market.
Was this also his wife, without his knowledge?
Insiders spouses and relatives fall into the same categories as executives when it comes to blackout periods.
Especially if they live in the same residence.
Blackout periods generally last for a specified period, have a start time and end time, not just a standing announcement of a blackout period that ends whenever.
There is ethical behaviour that needs to be followed.