The CEO's open-market purchase of 400,000 shares at ~$0.0029/share is a strong insider conviction signal at a micro-cap price level. Monitor for a subsequent Form 4 filing and any operational updates that could catalyze a re-rating.
Price Chart
Executive Summary
Chairman, President, CEO, and Interim CFO Scott Gallagher purchased 400,000 shares of Waste Energy Corp. common stock in open-market transactions on September 1, 2026, using personal funds. The purchases were made at $0.0029 and $0.0028 per share, increasing his direct beneficial ownership from 1,305,714 to 1,705,714 shares. This insider buying signals management's confidence in the company's prospects at a very low stock price.
Key Facts
- Scott Gallagher purchased 400,000 shares of common stock on September 1, 2026.
- 315,000 shares were acquired at $0.0029 per share and 85,000 shares at $0.0028 per share.
- Gallagher's direct beneficial ownership increased from 1,305,714 to 1,705,714 shares.
- The purchases were made using personal funds in open-market transactions.
Financial Impact
Total purchase value approximately $1,152 (315,000 × $0.0029 + 85,000 × $0.0028).
Risk Factors
- Extremely low stock price ($0.0029) indicates potential financial distress or limited liquidity.
- The company trades on OTC markets with no exchange listing, limiting institutional interest and price discovery.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-041142 |
| Document: 0001493152-26-041142-index-headers.html | 0001493152-26-041142 |
| Document: 0001493152-26-041142-index.html | 0001493152-26-041142 |
| Document: 0001493152-26-041142.txt | 0001493152-26-041142 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 18, 2026 5w ago | DEF 14A | $0.004000 $0.001000 | ▲ +75.00% | ▲ +74.09% | $0.001400 (+65.00%) |
Sep 2, 2026 7w ago | 8-K | $0.003000 $0.002000 | ▼ −33.33% | ▼ −33.25% | $0.001400 (−53.33%) |
May 22, 2026 22w ago | 8-K | $0.0380 $0.0320 | ▲ +15.79% | ▲ +13.84% | $0.001400 (+96.32%) |
US Market Status
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