"Mr. Winfield has the sole voting and disposition power over the shares of Common Stock directly owned by him. As Chairman, President and CEO of InterGroup, Santa Fe and Portsmouth, and sole manager of NC, Mr. Winfield can be deemed to have shared power with those entities to direct the voting and disposition of the shares of Common Stock owned by such entities. Thus, Mr. Winfield may be deemed to beneficially own 46,960,467 shares of Common Stock for purposes of Section 13D of the Exchange Act, or approximately 29.0% of the voting power of the Common Stock of the Issuer."
Less than I thought. His recent sales are a pittance. The only odd thing was the donation, now PRed here:
"VIRGINIA CITY, NV (March 7, 2016) - The Comstock Foundation for History and Culture (the "Foundation"), a recognized 501(c)(3) non-profit organization, today announced that it has received its first donation through a transfer of 100,000 shares of Comstock Mining Inc. common stock from Mr. John Winfield. Less than one year ago, Mr. Winfield pledged his support to the Foundation, committing 1,000,000 common shares over the next decade toward the preservation of these precious historic and cultural resources. The donations will contribute directly to the Foundation’s efforts to advance the preservation of historic and cultural resources within the Comstock Historic District."
Winfield with common stock is a good thing, puts us all in the same boat. Positive PR from the donation... other than that no comment. Time to celebrate Claude. As soon as lode starts making profits its turnaround story can/will be very similar.
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