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exski99

02/19/13 4:35 PM

#3278 RE: dyp #3277

I don't think that it's possible that the recent large share holders bought in the open market. Even if they had been 100% of the buy orders, it would have taken them 76 days to purchase all those shares, with AEMD's average daily trading volume of 274,000 shares. Since they wouldn't have been responsible for all or even a majority of the completed purchases, it would have taken them much longer. It seems pretty clear to me that these shares were bought from the company, and assuming a realistic .075/share, it appears to be enough money to run the company for another nine months. Add that to the probable money from DARPA and AEMD is good on money for the rest of the year. Seems like pretty good news to me.

The fact that they are individual investors and MD's looks even better to me. Shows a lot of confidence in the product for to individual doctors to invest close to $2MM.