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dizzydon

02/12/11 12:34 PM

#56072 RE: jwh6 #56071

he didn't sell them,he forfeited them to a bank

do you see that (1) in the PRICE box?..its a footnote you'll find under Explanation of Response's:
1. Collateral forfeit under loan to reporting person.

Howard borrowed and then lent $575,000 to the company about 2 1/2 years ago and he's wound up having to pay the bank back with his own shares's of CHDO..i think this bring's the total to 115m or 120m that he's forfeited now..which means the bank has more share's of the stock then Ullman does..poor Howard!