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Re: brooklyn137 post# 20936

Sunday, 11/24/2019 11:00:01 PM

Sunday, November 24, 2019 11:00:01 PM

Post# of 54907
Bradley Robinson wanted to demonstrate his support for the company; he is a major PRED shareholder. However, PRED's Board consists of seasoned public company executives, and they can not be expected to do the same. Indeed, if the Board members did buy PRED shares, PRED's D&O insurance company would quite likely take issue and substantially increase PRED's annual premium. That is correct; PRED has D&O insurance from one of the most significant underwriters in the U.S.