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gint1

07/03/19 4:50 PM

#88686 RE: uvaphd #88685

Laughing, of course (it) have doubt...fading Fast... Enjoy your 4th !

monte379

07/03/19 4:56 PM

#88687 RE: uvaphd #88685

Not sure. I think if they have taken shares as payment there would be form 4. BUT, that might only apply to Tim because he is over the 10% ownership threshold. If little ole me has millions of shares, I am sure they all do as well. They can buy whenever they want as long as they don’t go over a certain percentage of ownership. I think it’s 5% for you and I, and 10% for insiders. Then you have reporting rules. I may be wrong on that, but’s that’s how I remember it.

They will also have restrictions. I get them at my work. So many days before and after there is to be bigger news, we all get a notice that company shares are not to be bought or sold by the employees.

monte379

07/03/19 4:58 PM

#88688 RE: uvaphd #88685

Bottom line, taking stock vs cash is a strong implication of health of the stock to me. He is lucky the PPS is so low. He only would have got 1,000,000 at .06 LOL.