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Youngevity International, Inc. Message Board

  • rughead64 rughead64 Apr 29, 2013 7:45 AM Flag

    FORM 3

    Another filed on Friday. Not that 95% of you care.


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    • I looked at the links but also am not to familiar wth this....anyway to do a brief summary of what is happening as a result of these...PLS

      • 1 Reply to dgordon2062
      • Maybe I can shed some light. The form 3 themselves are not that important, they solely indicate insider transactions for the company. In this case, the Wallachs and higher ups are issued options is all. What's important to note, is that they are falling under a 10-12a, which indicates the company is making official filings. This is also aparrent since they are now making official all the acquisitions, costs of them, etc. This all means, with official filings, comes most of what's necessary to uplist. This SHOULD be exciting news because it helps to verify their claims of trying to provide accurate filings to become officially uplisted. It would also be necessary to have all this info if they plan to do future mergers under a new ticker (due to uplist). Regardless, I still 100% know the company numbers point to being overvalued, that doesn't change the fact that PRs and events can skyrocket the company PPS at least momentarily. That is why I bought back in and what I am hoping for. GLTA

    • Thanks Rug. I am not sure what a Form 3 indicates.

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