Again today we see the same thing. You can not present to investors when you refuse to buy your own stock. The only way investors can view insider buying is through SEC Form 4's. They are just not there. This is sad the way LPTH Mnagement treats their shareholders.
Would keep Gaynor on a tighter leash. He should not be permitted to speak at these types of conferences. They always have a bad outcome. I hope they didn't discuss insider buying.
Gaynor is speaking in front of wallstreet analyst and investors today in the northeast. Check on the stock performance on the days he speaks publicly.
In the past when Gaynor does his road shows, it does not have a positive effect on the stock price. I;'m afraid he will be walking into the lions den this time. He will give the 2016 presentation, forgetting he has not bought any stock with half of his pay. These types of errors can be quite damaging.
Your item number 1 could counter any no vote by the private placement shareholders. If I remember right, they had a higher entry price then where the stock is trading today. I'm fairly certain that most of the holders that bought in below $1.60 would be more than happy to sell their share at a 100% premium from where the stock closed on friday.
The broker I use prices it at $1.85. How he determined that, I don't know. For his own account he has an entry point of a dollar. He's sticking with it but has a problem with the warrants. They are a recurring problem.
A close friend uses Newport Securities for his long positions in stocks. His broker is Robert Anibinder. Robert is on most of the CC's. He told my friend to lighten up on LPTH going into the quarter. He thinks the results will be weak. If any of you use him, please verify if this is true.
Fair disclosure.....I'm long the stock.