I would contend is one way to look at it, of course, I was NOT oblivious. It is not a good pattern to repeatedly pursue and can become a credibility issue especially for long term investors if it is habitual/cyclical, no doubt. I like to pursue a "not rush to judgment" stance. Also, last week I suspected that the timing of the speculation about insider selling was somehow manipulative and possibly trumped up to derail the efforts of the company to attract new investors. In that regard, it struck me as somewhat petty. Some may not like to hear that but it was my suspicion. If all the fanfare and blogs of late are ONLY motivated to sell a few million shares for a select group, that is not going to build morale, but I do NOT believe that is the case. In the past, I had hoped that the filing of intent to sell shares might have meant an understanding of or perception of improved share value to come with something to back it up...as I recall the former discussion of the matter, I was not alone in that perception. I would NOT be compelled to sell founding shares in ANYTHING that I thought held promise unless I needed to pay bills. I have founding shares in companies that go back 42 years, for example. I am still not eager to sell them as it is the equivalent of dumping success and I strategize for the long term. Long term, of course, means different things to different people. I do hope that going forward the managers/directors of this little company will be encouraged to hold off selling their founding shares at all costs and think in terms of deferred gratification, if at all possible for them to do in their circumstances. I can honestly add that I would have bought more shares if the dilution here had not struck me as it did. Yet, I continue to believe this business is in the right place at the right time and will retain what I own now for the long haul. If this business fails it will not be due to the product or imagination it embraces, that is my opinion. I do hope that management will continue to embrace an ever-increasingly strong leadership as its responsibilities widen and the company grows as an entity. Long term investors usually respond heartily to moves by corporate leaders that suggest a consistent belief in their own vision. If this company appreciates long term investors as it has on many occasions overtly stated it does, then it knows what to do. From recent activities, it seems that there are improvements and increasingly important projects underway. I have been very interested in autopost, for example, since its first mention. It is a promising time, let's hope that many growing pains are now in the past. I remain optimistic and steadfast as a shareholder.
