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.