InvestorsHub Logo
Followers 0
Posts 64
Boards Moderated 0
Alias Born 04/25/2008

Re: rocky301 post# 22831

Monday, 03/29/2010 9:43:13 PM

Monday, March 29, 2010 9:43:13 PM

Post# of 92948
Common stock authorized- 1,750,000,000 (per Dec 31, 2009 10K)

Stock issued to 4 Officers:

Caldwell.....94,563,717 shares
Lanza........37,192,203 shares
Alan Shapiro.21,783,748 shares
Gary Rabin...12,928,423 shares
....Total...166,468,091

Almost 10% of the common stock for the company has been placed in the hands of these four. The question is- why now?

I worked for 3 public companies over the last 15 years that ended up being acquired. 4-6 months prior to any announcement about the mergers, the officers of these 3 company's got very greedy and granted each other extra helpings of stock options....



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.