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Adrock

02/09/17 9:08 AM

#330 RE: SPORT19 #329

In aug 2016 they did issue themselves an obscene amount of options!

I thought that was extremely odd and unwarranted at the time.

I still do unless there is a deal out there and I'm still cautiously skeptical!

Snow day baby
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Hypocrates

02/09/17 10:29 AM

#331 RE: SPORT19 #329

A valid question indeed. There were some small insider buys before McNally signed on. And I guess if I was sitting on a truckload of options I would be less inclined to feel the need to put my own money down further.

That said it would be nice to see them set up some employee incentive packages for buy ins to Company stock.

As I recall, RR & Marty Bernholtz had the largest personal stakes of anyone in management - past or present. I haven't seen any evidence that either has reduced their positions, which is good news.

I do agree that as a sign of good faith perhaps McNally who stands to gain big bucks with his options package with low end strike price should lead from the front in this regard with at least a token purchase of shares. Let's see what February and March will materialize. My hunch is we'll see more Insider buys as we get to those warrent expiryin April.