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CuLazer

05/10/12 11:58 AM

#3237 RE: justinfoster #3235

Pray and Justin thanks for making the calls! More confirmations on all our thoughts.
I know it will take time but hopefully it wont be too long until the insiders make their plan known.
Until then I'll keep holding it all!
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nuubie

05/10/12 12:03 PM

#3238 RE: justinfoster #3235

The contracts NO LONGER belong to KADR right?

When Comerica foreclosed on KADR's collateral those contracts switched over to Arcadia Holdings II Inc.

She said that the only way they could wipe us out would be BK and that contracts would be null and void if that happened.


Here's a run-down of all the out of the money gifted stock options owned by insiders:

Goodall Charles L
Common Stock 175,000
Stock Option 03/25/2010 03/24/2017 Common Stock 200,000 0.42

Richardson Marvin R
Common Stock 01/25/2011 G 50,000 D $0 1,811,326
Stock Option (Right to Buy) $0.42 03/25/2010 A 550,000 03/25/2010 03/24/2017 Common Stock 550,000

THORNTON JOHN T
Stock Option $0.375 11/01/2010 A 285,808 (1) (2) 10/31/2017 Common Stock 285,808

Mauriello Joseph
Stock Option $0.375 11/01/2010 A 232,219 (1) (2) 10/31/2017 Common Stock 232,219

Brusca Peter Anthony
Stock Option $0.375 11/01/2010 A 232,219 (1) (2) 10/31/2017 Common Stock 232,219

Eisenstadt Daniel
Stock Option $0.375 11/01/2010 A 232,219 (2) (3) 10/31/2017 Common Stock 232,219

Zeller Steven L
Stock Option (Right to Buy) $0.42 03/25/2010 A 250,000 03/25/2010 03/24/2017 Common Stock 250,000

Middendorf Matthew R
Stock Option (Right to Buy) $0.42 03/25/2010 A 250,000 03/25/2010 03/24/2017 Common Stock 250,000