Industry Source Consulting Inc (INSO)

[ID_finance]

Thanks Gator on passing on the news that Molen Canceled these shares. But, I don't see where that was reported in the financials anywhere. Additionally, I don't want to be his compliance officer but it is a change in ownership by CEO of any type has to be reported. Please look at the following taken from Link to SEC.

"More importantly, over time a CEO may buy or sell the company's stock. These changes in ownership must be disclosed on what's called a Form 4. These documents must be filed within two business days of the transactions.

Lastly, officers and directors must report any transactions that were exempt from being on a Form 4 on a Form 5. These documents are much less common, but still important to get a full picture of what the CEO is doing."

So, at the very least, he should have filed a form 5. It is his job to know this… That is all.