directors buy more, page-10

morley, i have defended your right to post on this thread because i value your contribution. but that post just doesn't make any sense.

Why would they want to prove what they believed when they invested if after the fact the company went bust?

They either believe the cash will be paid and are supporting this confidence with purchases of stock, or they don't believe it and are throwing good money after bad.

There is only one reason to invest for these guys and that is because they are confident of getting paid. The market is far too ssceptical of NBS for it to act as some sort of ramp, pump and dump manouvre. That is just not going to happen.

It is easy to forget in such volatile weeks that the senior management agreed to cancel their options package and increase the exercise price from 50 cents to 75, 1.00 and 1.50 over 3 years instead of exercisable immediately. IMO the management would have a very good idea of the future prospects NBS have.

Directors are buying in significant quantities.

NBS is continuing to hire staff in positions which signify company building, geographic expansion and business development. If you were really pumping and dumping, wouldn't you be holding onto every last dollar?

A new company should have to prove itself and it's fine to be sceptical at this end of the market, but there is plenty the company is doing to signify management and board committment to delivering shareholder value.

There is a difference between skeptical and cynical. Though most of your posts are in the former category, i reckon the last one is drifting into the latter.