Post by
tamaracktop on Sep 17, 2024 12:32am
Uncomfotable "data" for the longs
Specifically.
Amongst the insiders who bought the recent private placement, that was announced AFTER it had been done, we have:
Paul Rajchgod, a director, bought 44,000 units, and now owns 44,000 shares.
He had none before.
Mark Paterson, a senior officer, bought 30,000 to own 30,000.
He had none before.
Benio Naccarato, a director, bought 12,500 units and now has 12,850 shares.
He had 350 shares before.
and
Andre Mainella, a senior officer, bought 30,000.
He had 7500 shares before.
The facts are that none of these insiders would appear to have ever been personally bullish on Pyrogenesis.
The saddest part is that they hate this stock, and they haven't even owned it for two months.
How many here have owned this for years?
Comment by
tamaracktop on Sep 17, 2024 1:45am
So with these directors having just bought stock for the first time less than 2 months ago, who's been calling the shots at the board meetings?
Comment by
tamaracktop on Sep 17, 2024 1:49am
Answer: The same person who's been bailing. Millions sold now in the last two years.. Less than a million shares left in the trust. Trusts are protected by Qubec civil law.