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Novadel Pharma Inc. Message Board

  • leonia5pbb leonia5pbb Mar 13, 2013 8:59 PM Flag

    NO insider selling here for more than 2 years, bashers post nonsense and LIES for reason why

    From SEC Filing from last year: (38% of all the shares is a lot of shares to hold)

    The 61,809,543 NVDL shares of Common Stock beneficially owned by the Reporting Persons represent 38.1% of the issued and outstanding shares of Common Stock based on 134,890,615 shares of Common Stock outstanding as of October 25, 2011 as set forth by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 1, 2011. Of such 61,809,543 NVDL shares, 29,995,693, or 19.5%, are beneficially owned by Investments II; 193,233, or .1%, are beneficially owned by Advisors Fund; 30,188,926, or 19.6%, are beneficially owned by Associates II; 31,620,617, or 22.1beneficially owned by each of Investments III and Associates III; and 61,809,543, or 38.1%, are beneficially owned by each of Moorin and Schreiber."

    (..Lying bashers toppedout, tallijerk and smlcapbry1 claim that insiders here were not allowed to sell for more than 2 years. Next they will post that insiders can not sell for 20 years, that would make as much sense as the lie and ridiculous nonsense about "not being allowed" to sell any of their shares for more than 2 years...)

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    • No one said 20 years simpleton, just you. But for the last 2 years they have been trying to partner or sell this company. And no, owners cannot dump shares a few months before filing bankruptcy if they have insider information on it. Do you really think the SEC would allow that? Of course not, you can't and if anyone did they would be brought up on charges of insider trading. You just are not a bright individual.

      • 3 Replies to smlcapbyr1
      • You still can't tell us what the "lie" is or why you keep posting that the SEC Filing from last year is "meaningless", why tallijerk, toppedout or smallcrap or whatever other 10 or more aliases that you use to bash this stock every day and you post about "Scoobre".

      • Why do a "Confidential SEC Treatment Filing that applies through the year 2016?

        22 February 2012 ORDER GRANTING CONFIDENTIAL TREATMENT UNDER THE SECURITIES EXCHANGE ACT OF 1934 NOVADEL PHARMA INC. File No. 1-32177 -- CF# 27475 _____________________ NOVADEL PHARMA INC. submitted an application under Rule 24b-2 requesting confidential treatment for information it excluded from the Exhibits to a Form 10-Q filed on November 1, 2011. Based on representations by NOVADEL PHARMA INC. that this information qualifies as confidential commercial or financial information under the Freedom of Information Act, 5 U.S.C. 552(b)(4), the Division of Corporation Finance has determined not to publicly disclose it. Accordingly, excluded information from the following exhibit(s) will not be released to the public for the time period(s) specified: Exhibit 10.2 through August 17, 2016 For the Commission, by the Division of Corporation Finance, pursuant to delegated authority: Timothy S. Levenberg Special Counsel From an earlier different SEC Filing: Confidential Treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as “***”. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. LICENSE AGREEMENT THIS LICENSE AGREEMENT (the “Agreement”) is entered into as of August 18, 2011 (the “Effective Date”) by and between NOVADEL PHARMA, INC. (“NovaDel”), having an address at 1200 Route 22 East, Suite 2000, Bridgewater, NJ 08807, and RECHON LIFE SCIENCE AB, (“Rechon”), having an address at Soldattorpsvägen 5, PO Box 60043, 216 10 Limhamn, Sweden. RECITALS WHEREAS, NovaDel develops pharmaceutical products with a focus on developing oral spray formulations of a broad range of marketed treatments for serious diseases.

      • Smallcrap being a total liar and con-artist tries to get other people here to believe that insiders and 5% holders here had some "non-public"information that prevented insiders and 5% holders from selling any shares here for more than 2 full years. That is funny.

        Smallcrap is likely tallijerk using that alias to pretend to be somebody else.
        Smallcrap has posted nothing except bashing messages here.

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