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janice shell

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janice shell

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Re: investorslink411 post# 4362

Wednesday, 07/11/2012 4:27:47 PM

Wednesday, July 11, 2012 4:27:47 PM

Post# of 25284
On the contrary, I believe they were paid in cash. In this case, it wasn't the promoters running the show: it was Kang and Abellan. Alex Walsh had 25 million shares, but they weren't all his: they were to be used to exchange for financing. Naturally his stock would have been restricted, since he was the CEO, but I'm sure he's been unloading as much as he can every quarter.
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