--- the subscriber area has no ads ---


MicroVision insider buys +2


MicroVision filed a half dozen insider buy documents this evening.  These directors and officers including the CEO and CFO, bought a total of 186,915 shares today, all at $1.07 each. 

Insider
Title
Purchased
Owned
Stephen Holt
CFO
9,346 9,346
Perry Mulligan
Director
9,345 81,682
Slade Gorton
Director 93,458 138,807
David Westgor
VP
4,672 16,987
Brian Turner
Director
23,364 66,588
Alex Tokman
CEO
46,730 180,721

The thing is, MVIS didn't trade that high at any point during the day.  So, these were almost certainly purchased in conjunction with last week's placement.  That doesn't alleviate the dilution in any way, but management using its own money to purchase shares lends some credence to the projections of partnerships with large companies in a new wave of augmented reality and scanning devices.