lowtrade

[lowtrade]

NXOI

This post is opinion.

Looks like Mr Mark Wilton & Mr WILLIAM KERBY are the guys which started the company. And are backing it financially. Putting their money where their mouth is.

Wilton with common & Kerby with warrants.

Warrants can be tricky, especially if you can't see the loan doc's., as with this one. I find it hard to believe he is only getting the right ot buy, for his $3.5 mill cash. There must be more then we can see involved. Actual equity in some form!

But to answer your question;
Does the guy have a postive mind about the company future? YES He just became the companies bank.

Do I think he did it because he thinks the stock price will reach over a dollar, doubt it. Banks or should I say, VCs don't gamble with their own money.

Odds are he has taken out insurance on a loan loss.

The thing I'm trying to point out, is when someone starts a company and uses personal cash, in the sizes mentioned, odds are they feel positive, naturally. It's their idea, baby. But big guys always protect their investments. And the risk is probably not as great as it seems.

Should you drink the kool aid? Only when the indicators signal enter and there is a chart pattern to pick goals from.