Notis Global Inc. (fka NGBL)

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Medbox (OTCMKTS:MDBX) major shareholder Vincent Chase, Inc. sold 65,492 shares of Medbox stock on the open market in a transaction dated Monday, April 27th. The shares were sold at an average price of $0.92, for a total value of $60,252.64. Following the sale, the insider now directly owns 12,096,133 shares of the company’s stock, valued at approximately $11,128,442.36. The sale was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Vincent Chase, Inc. also recently made the following trade(s):
On Tuesday, April 21st, Vincent Chase, Inc. sold 1,000 shares of Medbox stock. The shares were sold at an average price of $1.06, for a total transaction of $1,060.00.

Shares of Medbox (OTCMKTS:MDBX) traded down 2.25% on Wednesday, hitting $0.87. 209,737 shares of the company’s stock traded hands. Medbox has a one year low of $0.85 and a one year high of $25.72. The stock’s 50-day moving average is $1. and its 200-day moving average is $5..

Medbox Inc (OTCMKTS:MDBX) offers a machine that dispenses medication to individuals based on biometric identification (fingerprint sample). The machine allows pharmacies, hospitals, doctors’ offices, and alternative medicine clinics to manage employee possession of sensitive drugs.

http://www.wkrb13.com/markets/572528/insider-selling-vincent-chase-inc-sells-65492-shares-of-medbox-stock-mdbx/