InvestorsHub Logo
Followers 12
Posts 46
Boards Moderated 0
Alias Born 03/29/2014

Re: Black00SS post# 65121

Thursday, 07/24/2014 8:03:27 PM

Thursday, July 24, 2014 8:03:27 PM

Post# of 290029
My fault, I meant a form 4 would have had to been filled if insiders disposed of shares, outlining how many they sold, at what price, and on what dates. I believe they have 10 days to file, so it is still possible some turn up. However, it seems unlikely based on recent volume.

I would also argue that Form 13 G (and D) do have something to do with the sale of shares, in that they must be filled by any non-inside investor that owns more than 5% of a particular class of a company’s shares and must be amended when they dispose of a certain percentage of their holdings.

Thanks for pointing out my error.

Have a great night.

Regards,