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Re: otis1111 post# 49796

Sunday, 01/07/2018 3:32:01 PM

Sunday, January 07, 2018 3:32:01 PM

Post# of 58984
i don't consider:

2,841 shares bot @ $1.76? / total of .... 2,841 shares?

14,205 shares bot @ $1.76? / total of 15,660?

for the cfo jantzen ($240k+ salary) and j murrah ($250k+ salary) , respectively, material insider buying and skin-in-the-game.

i've been saying for a long time, mgt/BOD, including the cfo and other execs besides drH/bitzer, have to start buying shares on the open market to signal confidence to s/hs&market in their company.

furthermore, the private placement was a "do-or-die" moment imo where the exec's essentially paid themselves their own salary via an equity infusion -- and also tided themselves over with the "strategic investor" until the secondary could take place a couple of weeks ago.

that being said, many posters here have Vehemently Defended mgt/bod's long-standing practice of not eating their own cooking, the reasons for which i've never understood...

wake me up when folks like jantzen and murrah buy in lots of $50k on the open market...gl!

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