Form 4 filed on 5/3/2007. 10,460,974 shares hitting the market. This is from their personal stash of common shares. The still have millions and millions of preferred shares that they can convert to common at a rate of 1:100. Just IMO. Everybody do their own DD. Good luck.
"Brent Fouch will sell the 5,230,487 common shares in Palomar Enterprises, Inc. over a 90-day period beginning on 04/19/2007. The Form 4 filed on 04/19/2007 incorrectly indicated that Brent Fouch and Steve Bonenberger will jointly sell the 5,230,487 common shares in Palomar Enterprises, Inc. This amendment and the subsequent Form 4 are being filed to reflect that each of Brent Fouch and Steve Bonenberger will sell 5,230,487 common shares in Palomar Enterprises, Inc."