Sunday, March 07, 2010 11:37:00 PM
The CEO cannot sell his shares without filing forms with the SEC. There have been ZERO filings. Furthermore, he cannot sell more than 1% (43 million shares) per quarter. Additionally, if you follow the PRs, a significant volume of the shares the CEO has bought were around the .0009 range. That is SIGNIFICANTLY higher than todays pps.
As for PanAm. I too called them soon after the PR. I had multiple conversations with multiple members of PanAm. They were quite excited about the relationship with AMHD. They called me several times in an attempt to get me to invest in the company, and I had long and detailed conversations with them.
My understanding is that Amelot pulled out of the relationship.
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