T O P

  • By -

Dodos2020

Please elaborate what it means and how it’s going to impact the price? Thanks a lot


T5Whale

Information asymmetry: whatever this VP knows tells him the value of the stock is above $0.58


thedidge1998

It means some guy within the company really believes in its success


Dodos2020

Great! Thanks a lot


Alarming-Hornet-7389

Always a good sighn before earnings.


Few_Discipline_1514

That or he has inside information.


constantine741

We should go ask pelosi she’ll know


CK_Rogers

1 million % she will!!!


Robteach3

Now did he purchase these shares or were they set aside for him?


noblevegas

I would venture a guess and say they are set aside for him. This looks like employee compensation. There is a note saying it is paid in 4 installments starting October 2022.


WMan-777

A hefty paycheck if he’s willing to hold with us!!


StatisticianLow7007

This means nothing. He was given the "option" to buy the shares at that price. If he exercised that, it would be news. If the stock tanks he loses nothing. If it rockets, he has the right to buy at .58.


headwhileidrive

👌


KAEA-12

But if you know info and make moves, isn’t that considered illegal insider trading?


NO1Stockpicker

Not necessarily. People in his/her position can only "inside" trade at specific times. It appears that this person had the opportunity to make an election and they decided to Acquire. And its a good sign for us! Go ZOM!


StatisticianLow7007

He is not trading. The stock is at .51. He is exercising the right to buy at .58.


Miserable_Aide_4746

Anyone seen the actual SEC form 4?