Correct me if I am wrong, but since 2020 Don Listwin is the only insider to exercise options or warrants and not immediately dispose them into the public market for financial gain. Since he is no longer an insider we are in the dark on whether he still holds these shares.

I cannot find any transaction since 2020 where an insider has bought on the open market at all or exercised paper and held the stock. Vivek, Tom, Suresh, Kevin, Chris have all used paper to finance a public sale of shares for their personal gain. 

Why is it so elusive for management to step up and support the value they have created in this company on the public market? And do not tell me they are under blackout periods for insider purchases. 

My only conclusion is the management team is aware of a willing buyer(s) on the sidelines for the technology once it is fully vetted and a commercially viable path forward for the industry, therefore they are trying to accumulate as much paper as possible because eventually that paper will transfer to cash immediately upon sale of the company. No financial risk to them. 

I could also be very wrong in my assumption, but the historical facts certainly make it plausible. 

Hopefully management has some seriously positive business updates to provide the market to turn this around quick.