Mike Lazaridis Buy RIM Shares Worth $50 Million

Previously Mike Lazaridis said that he had confidence he and Jim Balsillie RIM to leave "was in the right direction," said former co-CEO of this Canadian-based company that recently bought a $ 50 million RIM shares.

RIM's stock price at Friday's close at $ 16.80, with an estimated distribution of under 3 million shares. Lazaridis spend more money to the company he founded in 1984 with his college friend Doug Fregin in the office of 500m wide square on the top floor of a mall. Today, RIM has been known throughout the world with over 17,000 employees.

In an interview with The Record, Lazaridis showed that RIM has a solid balance sheet with capital of $ 1.5 billion, 75 million users around the world and able to make profits of more than $ 5 billion per quarter.

Mike's comments while still at RIM, "This is a strong organization with a strong global brand, iconic products and a bright future and I love the company. I love the employees. They are my extended family." With 27 years at RIM, Lazaridis still lined up to star as the vice chairman of the board and chairman of the board of the new Innovation Committee. Sharing is sexy