I don't see why that is relevant to PPHM. The BOD are not the ones who tanked our share price....the sabotage did it and that was a double blind study. Yes, dilution is a direct result of the BOD but without giving the company away for peanuts, there really was no choice. I am still not on board for asking for another 175 million shares at this time, but i understand the need to sell shares to maintain our cash position and get our company's trials and Avid expansion done.
As for buying shares on open market...we do not know why they don't....maybe its personal, maybe they imposed a restriction on themselves....maybe there is no need as they have plenty of shares through options. Maybe they continue to wait as they think the market could drop further and they know those shares could be cheaper. Maybe they are waiting for first look in like others to make sure another sabotage isn't going down. Maybe after the CA suit, these guys are weary to buy shares now with knowledge they have and thinking someone will sue them for trading on inside knowledge before everyone else finds out....maybe they are gun shy. Maybe SK is pissed at his ex and doesn't want her to take even more from him....who knows. You can and do speculate the reason, but doubt you will ever find out why.
News 
Market Data 
Discover 
