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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.
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.