Re: Insider Sells
posted on
Jul 09, 2014 09:07PM
I doubt it was MB. I actually named him and then edited a previous post I made to remove the suggestion.
He was the biggest advocate for insiders holding their options and not selling common shares. He was behind the blackout.
Also, he was very vocal about the toll this appointment has taken on him personally and he wasn't in it for the long haul. I think it was he who said to someone on this board at the AGM that if the company isn't sold within the year they should all be fired. Once they realized that POET wasn't going to fetch more than 30-40% above the 90 day average they changed to a licensing plan and my guess is that MB had enough.
He did his job, and very well I might add. If it does turn out to be him I totally support him. He had a huge impact on this company and the fact that we all still have shares - most in the green I might add - is largely due to him cleaning house over the last 2 years.