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Solar3D, Inc. Message Board

  • thefattlady thefattlady Apr 6, 2014 7:36 PM Flag

    CEO Nelson pooping out shares like he just ate 4 boxes of prunes

    Nelson must be expecting great things from SLTD since he's got diarrhea of the shares. He is selling so many they are dripping down his leg into his shoe!

    I'd love for this to be the next SCTY, but sorry suckers, Nelson is no Elon Musk.

    Sentiment: Strong Sell

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    • Do you even know anything about JN? I've personally corresponded with the guy the man is a genius!

      Check the webside for FAQ. there you see an explanation then check underneath

      Jim Nelsons shares are being sold through a Blind trust SEC Rule 10b5-1 (Link to info Below) in order to eliminate any risk of insider trading rules violations.
      As he has met his performance goals outlined in the Company's 8K (Link Below to 8K showing goal achieved as well as Company website explaining stock compensation)

      8K info showing Stock Compensation awarded:
      "SECTION 8. OTHER EVENTS
      ITEM 8.01. OTHER EVENTS.

      Effective February 5, 2014, James B. Nelson, the Company's chairman, chief executive officer, chief financial officer and corporate secretary adopted a Rule 10b5-1 Trading Plan (the "Plan") covering up to 4,000,000 shares of the Company's common stock (the "Performance Shares") eligible for vesting and issuance to Mr. Nelson pursuant to his Restricted Stock Agreement, dated September 23, 2013 (the "Agreement"), with the Company, which vests shares of common stock only upon the achievement of specified performance milestones. The performance milestones for the Performance Shares have been achieved. The Company's Board of Directors approved the adoption of the Plan on January 31, 2014. These Performance Shares are expected to be issued to Mr. Nelson by the Company in monthly increments commencing on February 3, 2014 in accordance with the terms and conditions of the Agreement. In accordance with Section 2.2 of the

      -4-
      Agreement, the Performance Shares will vest and be issued to Mr. Nelson on a monthly basis, based on the following formula:

      Monthly Number of 5% x Prior Monthly Trade Value Vested Performance Shares = --------------------------------------------------- Fair Market Value of the Company's common stock

      Also this company is already profitable due to the acquisition of SUNWORKS! They will keep growing and bring in revenue until the 3D solar cell is finished

      Sentiment: Strong Buy

 
SLTD
0.1431-0.0044(-2.98%)Sep 19 3:59 PMEDT

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