that is very very true, you don't just buy 2.5M shares for no reason, and I guarantee he knew the results of the 10Q quite a while ago, my company issues financials within 5 days of the period closing (private company of course) but nonetheless, Lee has known his 1st half financials for a while now. Given that Lee sold a few shares at .047 and .046 and then bought 2.5M around .024 for his family's trust (most def a long term buy) he knows the company is just fine. He definitely knows more than we do, a potential merger could certainly be in the works. Lee himself is not getting any younger and he might be tired of the stress of trying to build up a company in a fiercely competitive environment. If he has been in talks of potential merger, he might just jump all over it. That could have been the trigger to buy up those 2.5M shares.
They have a very good product, with a decent brand built around it. All those products need are some big marketing dollars to blow it out mainstream. A merger or buyout from one of the big dogs would be the perfect ticket. Also, with the main Golf season ending (final major) most of the big companies are winding down on their huge marketing of their own, the timing would be perfect for potential buyout to build up the new product lines before next season kicks off.
Of course all of what I've just said it pure speculation, but seems logical to me. I'm not going to bank on a merger or buyout, but I will be aware of the possibility.
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