Replies to post #9850 on Cerebain Biotech Corp (fka CBBT) (CBBT)

[hungary_hippo]

Why do you think he has this made up last name? ..the dude is a soar loser! Let him be and he will slither away into the darkness of his world!

[Bcbrasseur]

I have a question about the article - do you think that the CFO who just left possibly had to forfeit his shares? it says, “Insiders are given restricted stock after merger and acquisition activity, underwriting activity, and affiliate ownership in order to prevent premature selling that might adversely affect the company. An executive may have to forfeit restricted stock if he leaves the company, fails to meet corporate or personal performance goals, or runs afoul of SEC trading restrictions.”

I interpret this as being that the executives in the company if they failed to meet their requirements have to give back their shares? I’m a little unfamiliar with these restricted shares and their roles and finances so any interpretation of this law would be helpful :-)

[linkerboy]

Maybe Eric got a well deserved bonus just before rocket launch. Hopefully it's a good indication of what will follow soon.