According to the 14A filed on Jul 11th and on their website. Page 10.
Mullan owns ~74k shares.
In addition, their is a note next to this and he basically only owns 34k shares. He has to the right to purchase another 40k shares and he wont even buy at $.01.
Really, you want a reverse split which will allow this CEO to milk another $600k out of company he could care less about....
Please read the 14A page 10...
What a crook and this CEO wont even buy the shares of the company he leads...
SECURITY OWNERSHIP OF MANAGEMENT
AND CERTAIN BENEFICIAL OWNERS
The following table sets forth, as of December 31, 2015, certain information with respect to the beneficial ownership of our Company’s common stock by each beneficial owner of more than 5% of our Company’s common stock, each director, each named executive officer, and all directors and executive officers of our Company as a group. As of July 6, 2016, there were 170,444,758 shares of our Company’s common stock outstanding.
Name Shares
Beneficially
Owned (1) Percentage
Owned (2)
Named Executive Officers
Michael J. Mullan (3) 74,376 *
*
