Saturday, October 25, 2014 10:16:29 AM
Officer Share Update - pending Form 8 Filing
Dear HHSE Friends & Shareholders - In response to some shareholder inquiries, both Eric Parkinson and Fred Shefte wanted to provide advance notification that officer-owned shares - previously removed from Rule 144 Share Restriction and registered earlier this year with the S.E.C. - have expired and will be returned to restricted status for both Parkinson and Shefte. Each officer had previously filed a 10(b)5-1 Trading Plan, (which had been registered with the S.E.C.) to allow for the sale of 5-million shares each. These shares are now being returned, fully intact and unsold, for the holding accounts of Parkinson and Shefte.
Under Rule 144, officers and directors of publicly-traded companies may apply for a 10(b)5-1 Trading Plan to remove the sale restriction on up to 1% of the stock each quarter. Over the past four years, Parkinson and Shefte have sold less than 5-million shares each (from an initial issuance of approximately 160-million shares), reflecting their confidence in the long-term value of the HHSE equity.
The return of shares to restricted sale status will be reflected in a Form 8 filing for the Company, planned release next week.
Recent HHSE News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 07:17:02 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM