RE : "however, I do have a problem with the token insider purchases"
I agree 100% (if not more, despite the math logic).
The delay is an absolute non-issue once the company stated that it was a 1 month enrollment delay.
On the insider purchases, I HATE token purchases by management. These guys have plenty of options to get rich on if it all goes well, why buy a few thousand shares?
I have no idea on the motivation here, but I have seen token purchases used as part of a pure stock scam (OT: see REFR).
What would have supported he stock price much more effectively at EOY would have been a simple announcement about the enrollment delay in mid Dec.
Regardless, it matters little compared to getting the job done.
