GREY:CCZFF - Post by User
Comment by
barqshasbiteon Aug 22, 2012 12:36pm
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Post# 20247197
RE: Insider Selling
RE: Insider Selling Flowgo, I've seen you pumping on the ZED board, so I imagine that you are Quite Possibly a large supporter of theirs. Since you are posting the selling at CCZ, I will make sure to remind you of the 2.3 million plus shares that ZED insiders have sold over the last year, which includes the 1.9 million plus that the chairman sold and the 350k plus that the president sold in an interesting "private" sale that was somehow done at a 40% premium to the share price of the day. Not sure how he can do private sale for a significant premium...
Just thought I would let everyone know that CCZ insiders weren't the only ones selling. Also, you might want to take a look at Sedi again, since it looks like they have been buying lately.
Either way, both companies are lining the pockets of the executives with high pay and cheap options (and 1.5 million restricted shares for ZED president) at the expense of the shareholders and employees. I'll be staying away from both companies until there are some significant changes.