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OCATA THERAPEUTICS, INC. Message Board

  • red_hat_gal red_hat_gal Jul 31, 2014 1:35 PM Flag

    Last insider dump netted .08

    These guys know when to cash out. Lanza sells his as soon as they are awarded. He has done this for years. On the other hand he is not going to get rich like you guys think you will cause you are holding his stock.

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    • One man's trash is another man's treasure

    • FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES, ROBERT LANZA
      Number of Securities Beneficially Owned Following Reported Transaction(s) --------------- 22,443,822 shares
      Number of shares sold---------------1,500,000 at .08 (1)
      (1) Shares sold pursuant to a 10b5-1Plan
      Definition of 'Rule 10b5-1'
      A rule established by the Securities Exchange Commission (SEC) that allows insiders of publicly traded corporations to set up a trading plan for selling stocks they own. Rule 10b5-1 allows major holders to sell a predetermined number of shares at a predetermined time. 10b5-1 plans are used by many corporate executives in an attempt to avoid accusations of insider trading.

      The average basher is mentally challenged, on slow days they send out the truly "special" ones.

      : )

    • Lanza has 22.4 mil shares

      Sentiment: Strong Buy