Actually no insiders "sold" at below $2.00. That "sale" you are referring to was a normal stock distribution to insider at LPRs price on that date. Insiders in fact bought at above $3.
Have to admit though .....would be sporting if insiders would pass the hat around and buy a few more shares at this level. Easy/low cost way to show long-suffering long that management believes in the company even at these depressed levels.