Director James P Flynn bought 25,000 shares of LITS at $0.86; stock now $0.82, down 21.9% in 30 days, 25.4% in 90 days.
Director James P Flynn purchased 25,000 shares at $0.86 on 2026-06-24, expanding his holdings from 100,000 to 125,000 shares. The company is unprofitable with annual revenue of $0.00 and net income of $-23,694,000.00, reflecting fundamental deterioration. His prior two purchases at this ticker—on 2025-12-19 and 2025-11-19—generated 90-day returns of n/a and -41.6% respectively, with neither trade well-timed. At his cross-ticker level, Flynn's 2 prior buys averaged -28.9% over 90 days with a 0.00% win rate. The stock currently trades at $0.82, having declined 21.9% in the past 30 days and 25.4% over 90 days from the transaction date, and sits -74.6% from its 52-week high of $3.23. This purchase occurs against deteriorating financial fundamentals and a personal track record of unfavorable outcomes on similar open-market accumulation.