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Re: donhke post# 118619

Thursday, 04/21/2011 7:08:34 AM

Thursday, April 21, 2011 7:08:34 AM

Post# of 257302
I’m not impressed with RNN, but I haven’t looked at it closely in a while.

The CEO just bought shares

Not true—here’s the footnote from the SEC filing:

http://sec.gov/Archives/edgar/data/1228627/000114036111020856/xslF345X03/doc1.xml

On April 1, 2011, the reporting person acquired 320,846 shares from a family trust in satisfaction of an existing indebtedness of that trust to the reporting person in the amount of $391,423.

In other words, this was an asset transfer, not an open-market purchase.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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