Value Microcaps Motherboard

[linuspop]

LTFD-insider buying is usually good, but CEO Minch wants ownership of more than half the company. Are people viewing this as a potential danger?

Posted by: NLionGuy
In reply to: None
Date:4/26/2006 11:52:19 AM
Post #of 16

Minch has filed a form 13d today:

I intend to acquire in excess of 50% of the issuer’s outstanding common stock in transactions priced at levels I find to be attractive. It is anticipated that such purchases will be open market transactions and I may utilize financing. I may, from time to time, dispose of shares of the issuer.

He presently holds 33.89%