Director Madge K. Shafmaster purchased 200,000 shares across 3 transactions for $255,750.00 at blended average $1.28
Director Madge K. Shafmaster executed 3 separate purchases totaling 200,000 shares for $255,750.00 between September 20-24, 2024, increasing her holdings from 8,333 shares to 208,333 shares (+2400.1% net change). The transaction occurred at prices ranging from $1.25 to $1.30, well below the current market price of $32.50 and near the 52-week low of $24.25, despite the stock trading at -53.7% from its 52-week high. This represents a material capital commitment by a board-level director during a period when the company is unprofitable (full-year net income of $-2,623,657.00). The magnitude of the purchase relative to prior holdings and the director's elevated position warrant examination of whether circumstances have changed materially since the earlier 52-week high.