Replies to post #7446 on Interactive Health Network (IGRW)

[ElohimPerazim]

Guess who just bought a $1.1 million home!! I'll give you a hint: It's the same guy who just paid himself (randomly) $1.1 million in stock 3 months before...



From the filings...

Melvin W. Coles, Chairman and President, received 31,467,500 shares for services. This issuance was considered compensation of $1,101,363 and recorded as an expense during the three months ended March 31, 2012.

I mean most stinky pinkies you imagine that the CEO's just sell shares like crazy to buy themselves million dollar homes...

I tried to do DD on this and was surprised that, YES that is EXACTLY what the CEO of HPCS is doing... :P

sorry to break the news... but better to find out now than in the trips... imo... who knows maybe it will bounce?? the guy is set now, what more does he want 3 Ferraris to fill up his huge garage???