<If IBM were negotiating to buy the MMP and Mr. Bibeau knew about, no way no how could Mr. Bibeau make a purchase (without it being insider trading)>

Let me ask you this. At what point would you purchase more shares?

Might you wait to see if the commercialization agreement could be rewritten?

Might you wait to see exactly what percentage was being sold?

Might you wait to see how much cash is involved and other details?

Might you wait to see if shareholders OK it?

What if negotiations break down? Wouldn't this entail some agreements with non-PTSC entities?

IMHO Assuming that he knew, and if the knowledge is just limited to interest and negotiations, I do not believe the purchase would be considered insider trading. But I could be wrong. Opty