CCO Jeri Ruth Bluth bought 15,000 shares across 5 transactions (Oct 2-3) at blended avg $5.06; stock down 88.1% from 52-week high.
Jeri Ruth Bluth, Chief Compliance Officer, executed 5 separate purchases totaling 15,000 shares for $75,880.00 at prices ranging from $5.00 to $5.10, increasing her holdings by 20.9%. The transaction occurs against a stark backdrop: the company is unprofitable with net income of $-6,093,080.00 over its most recent full fiscal year, the stock has collapsed 88.1% from its 52-week high of $49.10 to a current price of $5.84, and the 90-day trend is negative at -13.1%. Her prior trades at this ticker show consistent 30-day gains (ranging from +5.5% to +20.2%), but none have yet demonstrated measurable 90-day outcomes. Notably, 5 other insiders also bought within the past 14 days, forming a cluster purchase pattern during a period of severe stock depreciation and ongoing losses. This multi-transaction purchase by a compliance officer during operational distress and alongside peer buying merits close attention to underlying company circumstances.