upon talking to their IR, she told me that the 19Million shares were warrants bought by venture capital firm. it seems like insiders just bought at open market but look at their edgar's report. she did add that they plan to hold for several years. in fact, they were in on the ipo.
emerging tech always has its set of doubters. in fact, the market doesn't always behave in rational ways. once you have someone with influence pushing a company, all the flemmings will jump aboard and next thing you know it, it's a sure thing.
VINA has a good management and a product that will fit a nice niche. what it's worth, if i knew, well, i would be heading some company by now. however, the story, technology and market is compelling for a small stake in the company. don't bet your house on it, but, it may become a nice player.
the metro broadband market will develop. it's just a matter of when. time will tell. if someone is willing to sell you their shares for $1, then decide if it's worth it. for me, it think it's worth a stake here.
long term, the upside is far more compelling than the down.