Micromem Technologies Inc
CNSX:MRM
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Micromem Technologies Inc
Glance View
Micromem Technologies, Inc. engages in the development of based upon proprietary technology, customized magnetic sensor applications for companies. The company is headquartered in Toronto, Ontario. The company went IPO on 2009-01-21. The firm provides integration of nanoelectromechanical systems (NEMS and microelectromechanical systems (MEMS) sensor platform. The company provides a range of solutions, including magnetic sensor solutions, sensor-based analytical solution platforms, structural integrity sensors, wireless suib-surface power solutions, and energy storage solutions. The firm's subsidiaries include Micromem Applied Sensors Technology, Inc. (MAST) and 7070179 Canada Inc. MAST is engaged in the exploitation of the Company's technologies in conjunction with various partners and customers. The firm provides nanoparticle detection platforms to sub-ppb detection levels and sensor-based analytical solution platforms. The company also offers asset protection sensor platforms. The firm has not generated commercial revenues.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.