Followers | 376 |
Posts | 17197 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
![](https://investorshub.advfn.com/uicon/458287.png?cb=1657037051)
Tuesday, March 11, 2014 11:18:18 AM
You do realize- a lot of people mistakenly read that link you posted and "think" the insiders have "bought" shares- as in using their own money. That's not the case. Those are shares "acquired" via option grants- i.e. free shares given to them. They are "booked" as if they were "acquired" or bought. Look at the share counts- they match the recent SEC filings of updates to option grants and shares given in the "debt-equity-swap".
Just a lot of people try and toss out the term that "insider's are buying" when they are not. Buying shares via putting up your own money versus getting options given to you are two, totally different things. You will see companies make PR announcements sometimes where it will say, "CEO XYZ just bought $1 million worth of shares in the company"- usually as a confidence builder. It's done a lot of time when a new CEO takes over and wants to show people he/she believes it's undervalued and that their turn-around plan is going to work and so forth. Share buy-backs by the companies themselves is also another technique. They try and bolster share price by using company cash to buy back their own shares on the open market and reduce the outstanding float/share count. As far as I know BHRT only dilutes and dilutes a LOT. I'm not aware from any documents of any BHRT insider putting up any of their own money to buy any shares. To the contrary - the insiders, especially Northstar are being PAID a lot of interest on past loans, via being given shares and all insiders are recently receiving a lot of options- that vested immediately, versus the traditional 3 to 4 yr vesting schedule. My opinion not much of a vote of confidence- seems like all the insiders want is to get paid, get paid first, get paid interest and more and what happens to the common shareholders doesn't rely matter- just being diluted away. Sharecount will be on page 1 of the next 10-K, it's the first thing I will read and compare to the count as of last 10-Q. Then the cash line on the balance sheet.
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM