Osprey, here is a VSE company trading at $.12 where the insiders recently loaded themselves up with $.15 stock options.
I only know about it because a friend of mine is in it at much higher prices.
Inlet Resources Ltd -
Inlet stock options granted
Inlet Resources Ltd
INS
Shares issued 20,174,875
1999-08-23 close $0.14
Tuesday Aug 24 1999
The Vancouver Stock Exchange has approved director and
employee stock options for 400,000 shares at 15 cents,
granted Aug. 18, 1999, expiring Aug. 17, 2004.
The VSE has approved director and employee stock options
for 60,000 shares at 15 cents, granted April 1, 1997, expiring
March 31, 2001.
The VSE has approved director and employee stock options
for 310,500 shares at 15 cents, granted July 8, 1997, expiring
July 7, 2002.
The VSE has approved director and employee stock options
for 42,500 shares at 15 cents, granted July 8, 1997, expiring
Dec. 29, 2001.
The VSE has approved director and employee stock options
for 525,000 shares at 15 cents, granted Nov. 4, 1998, expiring
Nov. 3, 2003.
The VSE has approved director and employee stock options
for 343,000 shares at 15 cents, granted Feb. 19, 1999,
expiring Feb. 18, 2004.
The VSE has approved director and employee stock options
for 285,000 shares at 15 cents, granted July 8, 1997, expiring
Dec. 4, 2001.
The VSE has approved director and employee stock options
for 285,000 shares at 15 cents, granted April 8, 1998, expiring
April 8, 2003.
The VSE has approved director and employee stock options
for 90,000 shares at 15 cents, granted April 30, 1997, expiring
April 27, 2002.
The VSE has approved director and employee stock options
for 52,000 shares at 15 cents, granted Feb. 15, 1996, expiring
Feb. 14, 2001.
I am not recommending this stock but I think they will try and blow off the cheap warrants before rolling the company back. There was quite a bit of volume in the latter part of August early September so maybe they have already done just that. However the price never made it above $.15. I'm watching for further signs of increased volume.
regards
etc.
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