Directors acquire and dispose portions of their common quite often for personal financial reasons, that are frankly, none of our business. Insinuating that this transaction is an indicator of Galahad's current/future health is a bit of a stretch. A witch hunt of sorts...

I suspect Mr. Hoover still has a very healthy GAX position. He does not owe anyone here, or elsewhere, an explaination for his actions. When the company has something material to report they will do so in a clear and very public manner. Until then, reading tea leaves will leave shareholders with egg on their faces.

OG