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Post# of 92948
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Dragon Lady

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Dragon Lady

Re: mfirth555 post# 78905

Friday, 01/02/2015 4:52:34 PM

Friday, January 02, 2015 4:52:34 PM

Post# of 92948
NO insider "buying"?? It's a share grant for "compensation"

Straight up shares, not even options. Just free money essentially.

They didn't cough up so much as one dime of their own money for those shares. Those are "free" options being given to them.

See "note 1" in the reference section of the form 4:

"1. Issued directly to Reporting Person by Issuer representing Board of Director Compensation."

It's also essentially "cash" as they are "instant vest" shares- meaning not a option/derivative with any vesting schedule. Just instantly available as the date is marked 12/31/14 and no vesting, etc.

Thus, at about $6 bucks a share market price that day, that's 6 X 1250 = $7,500 "compensation" approx.

There's no insider buying. Totally false.
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