![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, October 02, 2010 9:45:55 AM
The three Form 4's issued yesterday involved 10,400,000 shares.
10,200,000 shares were issued to Messrs Brennan and Hollander for services rendered (compensation).
However, 200,000 shares were purchased by Messrs Emerson (100,000 @ .0235) and Brennan (100,000 @ .0300) to exercise stock options. Total purchase price = $5,350. These are OPTIONS ... they do not have to exercise them, but they DID exercise them!
All in all, that's another 10 Million+ shares owned by insiders. No insider selling has ever taken place.
That's a monster stake in the success of MMTC.
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