This man has been involved with publicly listed companies on both sides of the border and as such knows the importance of credibility and confidence. If he has confidence in the company beyond getting paid maybe he will start buying shares on the open market, I highly doubt it, but maybe.

OR

Large companies that are looking to buy small companies first put in their man to do Due Diligence. Then after a quarter (if all OK) they make the buy out offer announcement. In the case of Electrovaya the common share holder does not have a say as the DasGupta family ownes a majority of the stock. Almost like a privately held company. I would go along with $25per share though.