Replies to post #5916 on TransGlobal Assets Inc (TMSH)

[lmcat]

You call them "minor details" but the stock ownership of the insiders is very important.

FORM 4 is a document that must be filed with the Securities and Exchange Commission (SEC) whenever there is a material change in the holdings of company insiders. Insiders required to submit a Form 4 include directors and officers of the company as well as any shareholders owning 10% or more of the company's outstanding stock.
A Form 4 is mandatory within two business days starting from the end of the day the material transaction occurred.

OK - assuming that neither Paul, Kent or Doug own more than 10% of TMSH shares then FORM 3 applies.

Form 3 is a document that must be filed with the Securities and Exchange Commission (SEC) by an insider affiliated with a public company's operation or by any investor owning 10% or more of the company's outstanding shares.

This document must be filed with the SEC no later than 10 days after an insider becomes affiliated with a company, and it must be filed for each company in which a person is an insider, regardless of whether or not the insider has an equity position in the company at that time.

So even if Kent or Doug owned less than 10% of the shares they still needed to file with the SEC when they became affiliated with THMS. Paul was already an officer so he is not affected.

SO WHERE ARE THESE FILINGS?

lmcat