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Re: Penemy post# 24041

Wednesday, 04/02/2014 11:10:52 PM

Wednesday, April 02, 2014 11:10:52 PM

Post# of 36792
Hi Penemy,
I am not concerned at all that Mr. Hilal is purchasing shares of CTKH. Remember that the Hilal family trust owned 18% of CTKH shares prior to the initial RS, and that they lost everything. Before the current RS, Mr. Hilal owned only 2.2m shares, and that is too little for anything. If he is buying, it is for us not to sell. The preferred shares, with their special voting rights, will always allow Mr. Hilal to have voting control over Cetek Technologies.
Finally, Finra rules also indicate that Pinks do not need to disclose insider buying or buybacks.