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Re: EastCoastCdn post# 23020

Monday, 08/27/2012 3:51:07 PM

Monday, August 27, 2012 3:51:07 PM

Post# of 32896
The officers got quite the premium for their shares.
104,000 / 821,812 = $0.1265/share

I would say that is highly suspicious.
jmo

In June 2012, the Company bought back 821,812 shares of common stock from these two officers as treasury stock with the short-term notes of $104,000 which accrue interest at 6.5 percent per annum with maturity dates of less than 1 year.

Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y