Voltalia Ord Shs VLTAF

Insider Buys again

[gold_diggers1]

COO Victor King bought 47000 shares at $0.13 last Friday (July 12)......  If all these CEO, COO, CFO and Directors all spend their own money to buy more VTR shares.... isn't it a good sign that they believe VTR will one day move ahead with Kiaka?    
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Jul 15/13	Jul 12/13	King, Victor John	Direct Ownership	Common Shares	10 - Acquisition in the public market	47,000	$0.130
Jun 25/13	Jun 25/13	Francis, Robert John	Direct Ownership	Options	52 - Expiration of options	-100,000	$0.590
Jun 14/13	Jun 10/13	Lawrick, Victor Lewis	Indirect Ownership	Common Shares	10 - Acquisition in the public market	150,000	$0.240
Jun 7/13	Jun 6/13	Lawrick, Victor Lewis	Indirect Ownership	Common Shares	10 - Acquisition in the public market	100,000	$0.248

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GLTA

[Mick16]

I like Lawrick's buys which at least total $60k, King's total $6k so hardly worth writing home about.  But nonetheless it is a good sign, why would they throw their money at something which is in VT1's words a dying company??!

[Goldflow]

Same reason people go to the casino, thats why. VTR in my opinion is pretty much a gamble, you may have a chance at a triple or u may lose a lot of it/have dead money. $60,000 dollars is pocket change, especially to insiders. I don't see why he wouldn't want to gamble away such little money. This means nothing.

[gold_diggers1]

Well, small change... yes and no.  If you just look at the dollar amount, maybe it's small change for CEO, COO....... but if you look at money still being spent at something... it's not, since they are just like us... money is money.....   How many of us here is willing to burn a $50 bill, yes, just $50, or maybe even a $20 bill, knowing that you will not get anything back in

[Goldflow]

Yes, but the fact that they have so much money, investing small $ into a gamble is fine. Since when did I say they are simply burning their cash? I said they're basically going to a casino. Big difference. Sometimes people like to gamble, it's a human trait. I've gambled before too, as long as it wasn't a huge part of my capital.

[Goldflow]

And if they really wanted to put their money where their month is, they would be buying in the $100's of thousands. But as usual they're all talk, and the insiders barely only anything of the company.