InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,426.40
(
0.12%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.75
(
-0.04%
)
Bitcoin
65,261.50
(
0.19%
)
Post# of 87366
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

neilhk

Send PM Follow Ignore
Followers 22
Posts 1006
Boards Moderated 0
Alias Born 04/20/2006

neilhk

Re: None

Monday, 09/17/2007 10:43:35 PM

Monday, September 17, 2007 10:43:35 PM

Post# of 87366
Insider and Major Shareholder ownership (shares purchased to fund company development since 2004)

With all the activity yesterday, I thought it worth summarising my post:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22926277

Gwendolyn Carol Johnson (CEO and Chairman) cost basis of her personal shares $0.0502

FIFG (Affiliate of HCPC of which Carol Johnson is a Director) cost basis of shares $0.028

Ed Johnson (Shareholder) cost basis of personal shares $0.038

In addition Carol Johnson received 5 million shares in lieu of her 2006, $300k annual salary. Cost basis of these shares $0.06

Their cost basis is much higher than the current share price, yet they have not sold a single share to date. I think that speaks volumes about their faith in the business. They certainly have a vested interest to see the business succeed and I think we will begin to see their plan unfold in the near future, as was intimated in the recent shareholders letter of August 27th imo.

Worth reading if you have not done so already:

http://heritagecapitalcreditcorp.com/Share_Letter_PR_82707.pdf

GLTA




Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up