Insider Stockholders
Shares as of July 22, 2004
...............................................Shares Owned.....................$2.00.....................................$5.00......................................$8.00
---------------------------------------------------------------------------------------------------------------------------------------------------------
Anthony J. Cataldo...................5,022,341.................$10,044,682.00....................$25,111,705.00....................$40,178,728.00
Executive Chairman
of the BOD
Richard George, Ph.D...............2,551,273.................$5,102,546.00....................$12,756,635.00....................$20,410,184.00
President & Chief
Exec. Officer
Richard Brounstein...................1,507,371..................$3,014,742.00......................$7,536,855.00....................$12,058,968.00
Executive VP
Paul Freiman...............................309,901........................$619,802.00.......................$1,549,505.00.....................$2,479,208.00
President and Chief
Executive Officer
Julius R. Krevans, M.D..............308,468.........................$616,936.00........................$1,542,340.00....................$2,467,744.00
Chancellor Emeritus,
Director of Intl. Med. Care
John J. DiPietro..........................307,977.........................$615,954.00.......................$1,539,885.00.....................$2,463,816.00
Chief Financial Officer
VP of Finance & Admin.
I don't know what they purchased these shares for, but if they want to receive the dollars listed here, they will not want to dilute anymore shares.
Diluting is a method of paying for expenses. If they begin selling product soon, the company can begin using income to sustain the operations of the company.
sower
