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Reply #67: He was supposed to make an SEC filing disclosing this sale [View All]

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amandabeech Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-05 12:36 PM
Response to Reply #56
67. He was supposed to make an SEC filing disclosing this sale
within 2 or 3 days of the sale if he was an officer, director or 10% shareholder counting shares held by his wife and minor children. The sale would be reported on Form 4 under Sec. 16(a) of the Securities Exchange Act. Someone needs to check on this.

It's the same problem idiot boy had when he sold his Harken stock. At that time, sales were supposed to have been reported within 3 days of the end of the month in which the sales took place. Idiot boy was months late.

The other sales reporting provision would be for a 5% or more shareholder "group" on Form 13D under Section 13(d) of the Exchange Act. My memory of the details of 13D filings escape me at the moment.

This guy is such pond scum.

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