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  • tenaedi tenaedi May 10, 2010 2:53 PM Flag

    Who's stealing shares at $1.35?

    Somebody help me with this math:
    Newland held on 12/31 2009 1,298975 FREE shares and on 4/30/2010 had 1,603,768 shares, a gain of 304,793 shares. Between those dates I can only find a total of 189,753 total shares traded for a variance of 115,040 shares unaccounted for. The real question is why are we all giving a Goldman Sach unit these shares? Lets raise our sell prices!

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    • Just a thought. Usually holders have to file when they become a 5%+ holder or are no longer a 5%+ holder. It looks like the most recent purchase put them above the 5% mark. At 12/31/2009 they were not a 5% holder. So, in theory, any activity between 12/31/2009 and 4/1/2010 that was still under the 5% mark would have no filings. Now that they are above 5%, all activity will have a filing until they are no longer a 5% holder.

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