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Re: Penny Machine post# 7390

Sunday, 10/15/2017 10:20:37 PM

Sunday, October 15, 2017 10:20:37 PM

Post# of 16469
This is what is interesting: Common Shrs owned 1692117623
That's one Billion 692 Million 117 thousand twenty three common shares owned by Passalaqua Joseph Charles, not the company...Right?

  https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12206907

So he is the CEO, he would have to file a form 4 if he were to sell off any of those shares.
Having an officer of the company own such a huge pile of shares would be indicative of that officer planning on taking the company somewhere other than down the tubes.

Pretty good story developing here.

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