If it was such a great thing they would buy more, insiders would buy more, But alas, no insider purchases in how long? Years, If insiders do not feel its a good deal to buy, why should the public. 10 cents (pre split) price and still no buys?? That's confidence!!
Plus Joe is correct, looking at all the past form 4s, the directors received 500 dollars worth of shares. (493 this year). But obviously because they have never made a profit. Wait til the cash runs out and see how many shares they start using as "cash". Mid August Quarterly report will bring a more dire financial situation unless another loan is given, yet they restructured because in their proxy the management said they could not pay the interest much less the actuall notes. So enjoy the summer. August will be here soon enough.
