Sonics & Materials, Inc. (fka SIMA)

[tsoprano-1]

After seeing another 2600 bought today I went back and read the write up at NoNameStocks and saw in there that Dan had a conversation with management(unlike my conversation here with myself) about using the cash for taking company private. That was what had gotten me thinking they are buying stock back now. I think instead of putting out a blanket offer at $10-$12 they are getting some cheap shares as they go up the ladder. What I don't know is what insiders own. If it is close to 50% then my guesses are different than if they only own 1%. So if anyone is actually reading these posts and happens to know the figure or even an educated guess, I would love to hear. Of course, it could be an insider buying now, too.

T