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Novadel Pharma Inc. Message Board

  • leonia5pbb leonia5pbb Mar 21, 2013 10:34 AM Flag

    bashers claim insiders were "not allowed" to sell any shares for more than 2 years, an absurd LIE!!

    From SEC Filing from last year, this is a FACT taken right from the SEC FILING:

    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. That is an absurd lie, really ridiculous. There was no non-public information 2 years ago that prevented any insider here from selling any shares but those lowlifes are very devious with their lies smallcrap, toppeydout, tallijerk)

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    • You lie again. No one seaid you can't sell your shares for more than 2 years. What you can't do is sell your shares when you have material, non-public information that is current. Since they have been trying to partner or sell this business for 2 years that is why they likely cannot sell. Besides the obvious practical issue that you don't sell your shares when you are trying to partner or sell a company because it subverts the credibility of your efforts and then potential buyers can't get the whole thing or have to negotiate with yet another ownership group . You are too big a simpleton to understand that or your have alternative motives for your comstant pumping. I'm thinking simpleton.

      • 1 Reply to smlcapbyr1
      • Everybody here needs to know that smallcrap is a paid basher of this stock.
        Every single one of his messages has been a bashing message.
        Smallcrap pretends that no insider can sell any shares of any company for 2 years, 5 years or even 20 years because they "might" be sold or form a "partnership". That is absurd and ridiculous nonsense.

        THERE WAS NO NON-PUBLIC INFORMATION HERE 2 YEARS AGO THAT PREVENTED ANY INSIDER OR 5% HOLDER FROM SELLING ANY SHARES for the past 2 years and even longer than that and that is a FACT!!

        Toppedout, smlcapbry1, tallijerk have already been proven to be "PAID" bashers of this stock, that is a FACT!! Ask them why they post messages here, they won't even answer that question, they are lowlife sewer rat liars.

 
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