Kingfish Holding Corp (KSSH)

[cdhames]

Some of Toomey's Form 4's for his former Nasdaq business, Coast Financial. Things were looking very positive for him that year:

http://www.sec.gov/Archives/edgar/data/1262276/000118143105056500/xslF345X03/rrd94650.xml

65K shares acquired @ $15.5 per share = $1.007M by Toomey through a 42% ownership in Techtronics.

http://www.sec.gov/Archives/edgar/data/1262276/000126815804000001/xslF345X03/primary_doc.xml

Another 2750 shares purchased for family @ $13.5 and $14.5 respectively: $30K.

He seems to bring major buying power to the table. The fact that this guys name is on KSSH is promising.

I can't help but wonder whether he intends to spin this shell off in the RM and call it quits, or whether he plans to stay as Chairman of the newly formed company (I personally suspect he wants a second chance. This guy was on his way to being a major player when the recession capped him at the knees. He owned 20 banks under his Holding company at the time and his growth rate seemed parabolic.)