and what did our CEO do ?
After working as the Chief Financial Officer for 6 years, including as the Chief Executive Officer for 4 years, and after being paid $2,000,000 in cash, he bought his first shares as an investor in PTSC by exercising $7500 worth of Options that didn't even expire until 2015. The transaction was only known by anyone searching for a Form 4 filing on line.
If Cliff would have made an open market Purchase that day instead of exercising Options, his small $7500 buy would have absorbed 10% of that day's total volume, and effectively removed those shares from the float; but that would have cost Cliff an extra penny a share.
The only positive development is that Cliff FINALLY became a baby shareholder, and that the company was able to pocket the $7500 he paid since they were company direct shares he purchased.