Open market purchases by management and the
BOD. Can anyone tell me why the VP of operations, Richard B. Lewis, the man hired to and responsible for cutting costs to increase gross margins, didn't convey his belief that he would succeed in his endeavor by adding shares? I understand why the ex-mayor doesn't invest her money, but a high level management figure? And what about Jammie Brooks. the CFO? Would not the window of opportunity have been open for all? TIA
Also when
D.J. was talking about patents not being honored in China, India...he mentioned Russia. I thought that was a warning sign that BPC could reverse engineer our turbine and cut us out of that market. When he talked about others making turbines, I wondered if he was talking about Wrightspeed's new turbine, Flex Energy and their product or someone in Russia or China coming out with their model. About a year and a half ago, there was a web site in China that was touting a microturbine similar to ours but the web site got removed. I brought it to the attention of Capstone and I don't have access to it anymore. I think there is more to the story than D.J alludes to. JMHO Well now we know why they went into session after the annual meeting and why they revealed this information about Cowen after the meeting and not during. There may been some hell raised.
