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BOD stepping up to buy stock in Vitesse

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Six new SEC Filing 4 were filed today (12/14/12 ).

The Vitesse elite have finally stepped up to purchase some of what they preach!

Chris Gardner 14,285 shares @ $1.75

Steve Hanson 5,714 shares @ $1.75

Guy LaRosa 14,285 shares @ $1.75

Ed Rogas 15,000 shares @ $1.75

Scot Jarvis 28,571 shares @ $1.75

CFO Martin Mcdermut 17,140 shares @ $1.75


12/12/12 Insider, William Martins choice for the BOD,

Paul Mcwilliams purchased 3,656 shares @ $1.79

and

William Martin himself purchased 3 million shares @ $1.75

Posted by christ3opher - 13 years ago | Updated 13 years ago

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The "big boys" eating their own cooking is a very good sign. Will this quarter be thee long-awaited bottom?

Posted by phobos - 13 years ago

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That is amazing. Something VERY positive must be happening for CRG to make a token purchase to show faith in the company.

Posted by Techinvestor - 13 years ago

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All I know is that the 14,285 shares that Gardner paid $1.75 per share for, are a hell of alot cheaper than what I paid for mine!

Posted by christ3opher - 13 years ago | Updated 13 years ago

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It's true. It's a token purchase. Management will vote itself free shares for the most part (no conflict of interest there, right?). Why should they make ANY open market purchase?

Posted by phobos - 13 years ago

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