It means nothing... We heard the same exact claims when he was buying SFMI around .03. How did that turn out?
So far, his buys are an indicator as to where one should be selling. Wouldn't it be nice to get out of SFMI and GHDC around .03 right now? lol
The company needs $$$ desperately, just look at the terms of the last loan. Why is he wasting money buying open market slop? Why is he not financing them and getting more shares for his money? He could be keeping large blocks out of the hands of those scammers.
I'm sure glad I'm not a fool and see through the BS. Remember when I said I would be scaling out over .03 on that rally? That price sure looks distant now. What happened to "the NY boys are going to push this to .25 easily"? lol...
The next report is going to be uuuugly. There is nothing they can do to improve the balance sheet with a limited amount of set leases and no more machines or cash to expand. The only thing that will be growing is the losses, debt and dilution.