Director's insurance claim may have clauses eg announcements must be review by lawyer. So PDY's director insurance may not pay since Gary made that announcement on 11/4 "did NOT review by company's lawyer(s)" (according to media article).
Insurance company will try to look for clauses to get out and NOT paying (insurance companies have their own lawyers as well)... Gary's 11/4 announcement did NOT review by PDY's lawyer this statement will leave PDY exposed and insurance won't pay... who pays???
IMHO it is very dangerous to hold stock, IMHO even 0.1c is TOO EXPENSIVE.
PDY Price at posting:
0.5¢ Sentiment: ST Sell Disclosure: Not Held
