InvestorsHub Logo
Followers 4
Posts 3285
Boards Moderated 0
Alias Born 07/13/2009

Re: KNOT BAD post# 18551

Saturday, 02/27/2010 12:50:48 PM

Saturday, February 27, 2010 12:50:48 PM

Post# of 35337
To really set the record straight. Mr Destler is a board member and as we all know he bought shares after 12/4/2008. It would appear that the BOD is no longer prohibited from buying shares as Jim stated they were in the 12/4/2008 CEO message. So my question is this, why aren't they buying shares when Jim said they wanted to on 12/4/08.

"we are prohibited under SEC rules from buying more stock even though, personally, we would like to do so to underline our commitment to our shareholders and our belief in Torvec’s future." from the 12/4/08 CEO message


This is a very simple question.

Far too many executives have become more concerned with the "four P's" - pay, perks, power and prestige - rather than making profits for shareholders.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.