Some random poster indicated he thought the former CEO would be selling shares now that she no longer has to report sales on SEDI. Let's examine that further.
Here's Lisa's 2023 stock trading activity:
- 3 Jan 23 - bought 52,500 shares in the public market at $0.49. Total cost $25,725
- 21 Feb 23 - bought 58,300 shares in the public market at $0.51. Total cost $29,733
- 14 Jun 23 - bought 26,500 shares in the public market at $0.51. Total cost $13,515
- 14 Jun 23 - bought 13,500 shares in the public market at $0.50. Total cost $6,750
- 5 Oct 23 - bought 250,000 shares of the private placement at $0.40. Total cost $100,000
- Total cost to Lisa Crossley of shares purchased in 2023 $175,723
This is consistent with her share buying activity over the years. Furthermore, she hasn't sold one share. She has said that she puts all her spare money into company shares. Her activity is consistent with that statement. So, she has supported the stock, she put her money where her mouth was and she was truthful to boot.
To suggest she would be using her new found freedom from reporting to clandestinely sell shares at a big loss is just meaningless words. No evidence. No logic. Just nonsense.
Now, as it turns out, the new interim CEO has 2,189,599 shares, so his stake is meaningful as well.
I get it that bashers can say anything...