Voip Pal Com Inc (VPLM)

[nyt]

"Under Rule 10b5-1, directors and other major insiders in the company—large shareholders, officers, and others who have access to MNPI—can establish a written plan that details when they can buy or sell shares at a predetermined time on a scheduled basis. It is set up this way so that they are able to make these transactions when they are not in the vicinity of MNPI. This also allows companies to utilize 10b5-1 plans in large stock buybacks."

That doesn't sound to me like "waiting for an opportune or fortuitous time to me. It sounds all predetermined.