(NASDAQ:PVSW) Non-insiders Sustain Shareholder Value Destruction As Insiders Award Themselves $1.6M
PVSW approaches 52-week low also retracing May 2009 levels closing at $5.43 down another 3.38% on 2.53X ADV (3 mo). Non-insider shareholders continue to sustain shareholder value destruction as insiders award themselves $1.6 million in options at $.001/sh cost [1,2 comment #16]. [Precisely] why share repurchases are a sham  pursuant to PVSW.
Note: PVSW insiders have not purchased shares on the open market which says [everything] about the mindset of PVSW insiders.
1. (October 28, 2011) OPS OCCUPY PERVASIVE SOFTWARE - (NASDAQ:PVSW) Q1 Fiscal 2006 v Q1 Fiscal 2012
2. (September 02, 2011) (NASDAQ:PVSW) 2011 Sees No Insider Buying But Much Insider Selling, Share Buybacks a Sham?