ceo1--I don't think they put the shares in the market. I think they put the shares in their pockets. To me that means 1 of 2 things. Either they are expecting a big run up and legitimatly bought shares in advance of it or they are gearing up for another P&D.
Since all we know is at this point is that they bought the shares, it is difficult to tell. Did they pay fair market value? At least that would help company cash flow if nothing else. Did they excecute options at a reduced rate? If so, what was that rate?
It is also possible that they are just geting around to reporting the 30 mil shares they bought that upped the OS to where is is now because I don't see anything that tells me 30 mil shares hit the open market recently. Again, the lack of information as to what is going on makes the company look sketchy.
When you ask about the OS, see if you can find out the float as that does not appear to be listed anywhere.
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