pump and dump or insider trading, page-27

pecora can you confirm that richard put any of his own money into this company?

I know the directors converted 7,400,000 options last year at 2.5c each. thats $185,000 invested and after the reconstruction they have 2.46 million shares at 43c now = $1.06 million.
They cancelled 11 million options and re issued another 22.5 million at 20c. currently this is $5,175,000 worth of free money they have issued themselves.

Also there was a matter of selling some options at $1 or so wasnt there?
and rebuying a paltry $150,000 worth at 75c ???

These guys and many others in the business of mining shareholders create free money for themselves. If the share price does nothing they can convert or not, if the share price goes up substantially then no one minds what they take.

cheers