InvestorsHub Logo
Followers 2
Posts 241
Boards Moderated 0
Alias Born 03/11/2014

Re: None

Friday, 05/23/2014 6:03:04 PM

Friday, May 23, 2014 6:03:04 PM

Post# of 2353
I respect Raefield for being the only director to have ever bought stock. Yet perhaps there was a necessity in today's purchase since he brought $2.5M in private placements into the deal at .09 when the stock was around .14. I think if needs be he'll have to keep buying every time it hits under .09 to keep the wolves at bay. I think there will continue to be decent support around .09 for that reason.

As an FYI, big company resumes on a board is for optics. I've rarely seen any major sales impact simply because board members have contacts for vsys or any other small company. The PPT mentioned deals pending through Goldenberg who's on the board so they might get some nibbles.