Massive volume of insider buying in March. To begin with, Director Donald J. Listwin purchased 100,000 shares on Thursday at $0.52 apiece, all of which are held by the Don Listwin Trust that currently owns nearly 2.34 million shares. Mr. Listwin purchased an additional 286,000 shares in mid-March. More importantly, Chief Executive Officer and President Kevin DeNuccio snapped up 75,000 shares last Monday at a weighted average price of $0.50, which lifted his ownership to 348,054 shares.
Needs to break past .54 to be in bullish trend
Needs to break past .54 to be in bullish trend