Replies to post #28747 on Options Media Group Holdings, Inc. (OPMG)

[Coalission]

He didn't sell, that's just intention, but he doesn't need to go through with it. It was just a Form 144, not a Form 4.

http://help.yahoo.com/l/us/yahoo/finance/news/fitaform144.html

An insider can file a Form 144 and not actually complete the sale. If the sale was completed, the insider should have filed a Form 4, indicating the transaction was completed.

[benjo]

Could be an automatic sale.

[kent3]

If he sold on new's some people would be upset. Don't worry this company just getting going.

[stockjuicer]

PR Scares me.

Here's what concerns me....
He sells 2 million shares the DAY BEFORE a Press release.....?
Coal - what's your take on the timing of this?
Dag

Every time there is PR, the stock tanks... sometimes it might be better to have no news.. at least till some substantial earnings reports are released.