I guarantee it.
Well, in my case, its because I hate to see obvious criminals cheat people.
Ive watched dozens of guys go to prison over the years. One, Alvis Colin Smith from Great White Marine.
Sitra was his biggest cheerleader.
Its called STOCK FRAUD.
You snot nosed punks are so obvious.
Ive seen this game so many times its not even fun anymore to expose you.
Any shares he got were given to him free of charge.
This company doesn't value their shares which is why they have gone down 99+% over the last 10+ years via changing business models repeatedly. no meaningful revenues and heavy recurring losses.
never heard of it.
that was a typo.
Im the guy that exposed Sitra for the fraud he is when he was pumping the heck out of a fraudulent company all while dumping shares.
go to sec.gov and read about it.
you are just a criminal stock tout. I got 2 guys like you in deep do-do with the SEC way back when.
The Securities and Exchange Commission (Commission)
announced today that it filed a Complaint in the United
States District Court in Waco, Texas, against Anita
Carlisle d/b/a Carlisle Communications (Carlisle),
Scott Sitra (Sitra), Sitra Enterprises, Inc. (Sitra
Enterprises), JAFLC Capital Management Ltd. (JAFLC) and
Jeffrey Brommer d/b/a Investments 101 Ltd. (Brommer)
(collectively, the defendants). Carlisle and Sitra run
self-described investor relations services from their
homes. Brommer is an investment adviser registered
with the Commission. The Commission's Complaint
charges the defendants with illegally "touting" and
"scalping" securities in violation of the federal
the tender remains.
You/ we can tender at $420 or not.
Stock may go up or down following the tender.
If it falls back to $350 we are going to feel pretty stupid not tendering.
insiders have a history of buying here. wonder if they are incentivized to do so ?
Anyone read the proxy and 10k in detail ?
Open market buys don't mean much if they get free shares for every 2 shares they buy.
I have never seen an incorrect price preliminarily price reported like they did at $6.45. Price was actually $6.55 and nobody says why.
then goes on to say they take that into consideration when picking deals.
If 30-40% of market value goes POOF, so does your margin of safety.
I guess this means no 3rd distribution in the very near term.
I wonder why these wont paid earlier ? Penalties ?
lets hope they do so.
much prefer $12+.
The stock ownership guidelines listed in the proxy do not seem to require that the insiders buy stock right away. they have 5 years to meet the requirements. I did not read the10k which may add color.
The Compensation Committee adopted stock ownership requirements during 2014. The guidelines are shown below and generally must be achieved within five years of becoming subject to the policy.
as a Multiple of
Chief Executive Officer
Executive Vice President
Senior Vice President
For purposes of calculating stock ownership, the following sources may be included:
• shares of common stock owned outright by the non-employee director or officer, as well as stock owned by his or her immediate family members residing in the same household;
• shares of common stock held in trust for the benefit of the non-employee director or officer, as well as his or her family;
• unvested restricted stock or restricted stock units;
• if applicable, shares of common stock held pursuant to deferred compensation arrangements; and
• if applicable, shares purchased with amounts invested in the Company's retirement plans, including, without limitation, the 401(k) plan and any employee stock purchase plan.
Unexercised options and unearned performance shares are not counted toward stock ownership requirements.
Stock Retention/Holding Requirements
While the executive officer or director is not in compliance with his or her stock ownership requirement, the executive officer or director must retain 50% of the net shares (after cashless exercises of options and the payment of any applicable tax liability related to equity grants by the Company) of the vested long-term incentive plan shares or annual equity retainer awarded to the exec