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Replies to post #1406 on Pacific Health Care Organization Inc. (PFHO)
Rawnoc
12/17/14 11:42 AM
#1407 RE: natstocks #1406
Ubertino
12/17/14 11:44 AM
#1408 RE: natstocks #1406
On November 25, 2014, the Company adopted a 10b5-1 plan (the "Plan") with Alpine Securities Corporation, under which the Company may repurchase its shares at times when the Company might otherwise be precluded from doing so under insider trading laws. This Plan has been established pursuant to, and as part of, the Company's share repurchase program. The timing and extent of repurchases under the Rule 10b5-1 plan are subject to Securities and Exchange Commission regulations as well as certain price, market volume and timing constraints specified in the Plan. The term of the Plan commences on December 1, 2014 and is expected to continue for a period of six months, although the Plan may be modified, suspended or terminated at any time without prior notice.