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To: imwim who wrote (3151)12/13/2005 12:06:16 PM
From: loantech  Read Replies (1) | Respond to of 78421
 
Hello IMWIM,

Here is something from their most recent NR. I think it hints at fund buying and I would imagine this is where recent buying is coming from but at least 1 NLW has written up the stock recently also:

Grayd has also appointed Tiziano Romagnoli to its advisory committee. Mr. Romagnoli is a fund manager and investment adviser based in Geneva, Switzerland, with more than 20 years experience in the investment banking industry. Grayd has granted options to Mr. Romagnoli as well as a consultant company to purchase up to a total of 400,000 common shares in the capital of the company at a price of 45 cents per share for a five-year period.
new.stockwatch.com