Wednesday, October 28, 2009 8:13:34 PM
I hate to break it to you but the shares are not going to insiders, they are going into the treasury. They will be used later for an employee incentive program.
The company does not have to release names of the acquisitions till they are closed, which then makes them a material event. You don't have to like what they are doing, but you not liking it is not the basis of fraud, LOL.
As for the bridge loan part, they do not need to disclose that to the public whether you like that or not. And to say Dean is buying on insider info just shows how little you know about public companies. He has done everything legally required to buy those shares. Again, just because you don't like it or fail to understand the law, it means nothing here.
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