Unless management starts buying shares this baby will continue to sink.
Mgt owns 90% of the shares already and just bought out Francis Chew's shares....
according to the most recently filed 10k,
management owns 11.35% of O/S.
Are they buying?
HE-LL to the NO!
I admit the co. should be buying some of it's own shares but I don't think it will make that much difference. This co. will be making a profit soon and that will be what turns the PPS positive.
I am looking for a sign from management that this stock is cheap. If they are not buying at these levels why should the retail investor?