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Re: mfs777 post# 71339

Thursday, 06/14/2018 8:35:17 AM

Thursday, June 14, 2018 8:35:17 AM

Post# of 108192
Yes, he and Bonstein and Petit had around 10% of their monthly paycheck debited for off the market stock purchases. He essentially inflated his salary to make these small token purchases so, like you said, he could brag he was buying with his own money, however, the amount of his free unearned share grants that he took for himself not tied to performance or aligned with shareholder value represented more than 90% of his stake in the company. He never made any "open market" purchases of ADXS with his own money.
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