Topic- Insider selling June /July 2021
Many of you have the (uninformed opinion) that insiders selling was a lack of faith in ptk . Wrong !!!
Why do I use the word “Wrong”- Because it is fact!!
Insiders sold shares on the open market 1,100,000 to be exact. That is all you saw, or wanted to see, so the bashing of mgmt proceeded ad nauseam !
During that same time period (days) insiders “ BOUGHT” shares through the exercise of options /warrants to the tune of approx. $1,647,000.
The $1,647,000 cash went into the company coffers. Kudos to all the insiders who strengthened our balance sheet.
The bonus for insiders that participated is they now own millions more shares in their personal investment accounts. – Smart & Well deserved IMO
Why haven’t I posted this before ??? Ask your old buddies BCD & Leb.
C.M.