GREY:AMERF - Post by User
Comment by
BlindBat_1on Feb 25, 2011 7:54am
232 Views
Post# 18192555
RE: Fabbro sold 437,500 shares at 0.095
RE: Fabbro sold 437,500 shares at 0.095 American Consolidated Minerals Corp. (AJC) | As of February 24th, 2011 |
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Feb 24/11 | Feb 24/11 | Fabbro, Allan John | Direct Ownership | Common Shares | 10 - Disposition in the public market | -437,500 |
.095 |
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Interesting move, there is possibly a breach of fiduciary duty here and possible legal ramification.
As this guy not heard of quiet periods, or rules as it pertains to selling or buying days before a Corporate announcement, let alone doing so on the day of the announcement?
Very odd decision this was....