It was stated in the MD&A around $2.7 million worth of options and warrants were exercised prior to Nov 30 th.. Some one correct me if I am wrong.
On Jan 29 th this year, it looked like 500k options would expire at .50 if not exercised. I would assume that the bit of selling was to exercise some of these and living money. Although all of these options that were due to expire may not be all management, I suspect some were as someone posted awhile back. Nevertheless, IMO, I see little concern on the little inside selling, if you check back over the years it has been limited, IMO. If you started to see millions of shares being dumped, then I would get nervous, but this little bit of selling is probably just someone needing some spending money or money to exercise options, IMO.
IMO