Replies to post #5598 on Pedevco Corp. (PED)

[paideia]

They could have just sold those share to Kukes directly!

What's your concern here, exactly, sir?
A possible "take-under"?
I don't think Kukes would want that kind of attention,
either from the world, Wall Street or the SEC.
But I could be wrong.

My current concern is that if Kukes is buying,
how long must he wait until he orchestrates something
material - like selling the company - without drawing
insider trading scrutiny? Do you know how long the
time lag has to be?

[atomised]

Read the notes more in detail, nothing wrong here, just vesting: Shares were sold pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person to satisfy the Reporting Person's tax liability in connection with the December 12, 2019 vesting of certain shares of restricted stock which were granted under the Company's 2012 Equity Incentive Plan, which grants were exempt from Section 16(b) pursuant to Rule 16b-13(d).