InvestorsHub Logo
Followers 7
Posts 1045
Boards Moderated 0
Alias Born 02/26/2015

Re: Milesblue42 post# 36567

Thursday, 06/23/2016 12:38:14 PM

Thursday, June 23, 2016 12:38:14 PM

Post# of 37545
No. I understand completely. As a CEO of a publicly traded entity, Kimmons was required to make personal filings to the SEC every time he sold shares to his own benefit, irrespective of whether the shares were designated as "compensation" or "toxic debt financing."

The SEC doesn't care. If they were EDWY shares that were sold to Kimmons' benefit, they have to be reported by him.

The only shares he reported as sold to the SEC occurred a dozen years ago. He did not sell or make money from EDWY stock for at least 10 years.

And what about the 728K shares he returned? That's not the action of a nefarious character.