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>>> Orchids Paper Products Company Comments On Unusual Trading Activity



PR Newswire

May 23, 2017



https://finance.yahoo.com/news/orchids-paper-products-company-comments-220300750.html



BRENTWOOD, Tenn., May 23, 2017 /PRNewswire/ -- Orchids Paper Products Company (NYSE MKT: TIS) -- The Company confirms that a member of its Board of Directors, Mario Armando Garcia Franco, sold 215,000 shares of Orchids' stock into the market between May 12th and May 22nd of 2017, inclusive. Mr. Garcia stated on May 23, 2017, "I have completed the sale of all of the shares I intend to sell. My reasons for selling were personal. I remain committed to the long-term success of Orchids, and I believe in the Company's future success." Mr. Garcia retains 686,083 shares as of this date, all of which are restricted through June of 2024. In addition, officers and other directors of the Company filed Form 4's for the aggregate purchase of 39,100 shares during the past few weeks.

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