Good questions that only the directors will know the answers to.
Directors have definitely been buying lately, possibly with the intention of propping up price, possibly to increase their stakes ahead of a good deal coming.
One correction to your summary- pretty sure the $5 million loan has been used already and the $1.96 million is what remains of it.
Acquiring AOM has been an expensive undertaking, and the company has been running at a loss since Prashant left.
AD1 has an unfortunate history of over promising and under delivering. eg 'Imminent' USS contracts were announced in the last quarterly 2 months ago and have failed to be delivered upon.
Other big contracts announced over the past few years have also failed to materialise with little or no follow up explanation to shareholders. Hardly inspiring confidence.
