I thought I read a while back his wife through a business name loaned a large sum of money and was being paid back by an substancially high interest rate(double digits)- maybe on the last financials on the liability side. No CEO does it for free. He is making something from somewhere. Did the million shares get traded at five or did they remove the BID.
I can agree with you on everything said except for the fact that while someone is loading up someone is lightening their load as well. Unfortunately I believe this will become more common as time passes without an update or anything from the company. Many have been patient myself included.
I would have to say the most positive thing to take away from all of this is if everything he has been working on for the past year just did not materialize for whatever reason, we would still have our company that according to the slideshow he relased is worth about .54/share. However in reality a stock is worth only what the market is willing to pay and right now that number is .05. I hardly think that is the scenario but this is far to long to go without any type of update, sorry we are approaching almost 1 year.....
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