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Bullboard - Stock Discussion Forum Fortress Global Enterprises Inc - Class A FTPLF

Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.

GREY:FTPLF - Post Discussion

View:
Post by birdie22 on Sep 01, 2019 9:35am

Insider sales

Chad continues to unload, soon he will be under 10%. Stock was $60.00 range in 2011

Transaction Shares/ Account
Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance
Aug 30/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.133 -178,500 -9.5% 1,693,802
Aug 29/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.130 -21,500 -1.1% 1,872,302
Aug 28/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.145 -19,000 -1.0% 1,893,802
Aug 27/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.145 -14,000 -0.7% 1,912,802
Aug 26/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.144 -134,000 -6.5% 1,926,802
Aug 19/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.250 -44,500 -2.1% 2,060,802
Jul 31/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.445 -5,500 -0.3% 2,105,302
Jul 29/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.450 -213,500 -9.2% 2,110,802
Jul 15/19 Gaetz, Gerald Direct Ownership Rights granted Rights Deferred Share Units 0.673 16,356 22.1% 90,477
Jul 15/19 Kavanagh, Terrence P. Direct Ownership Rights granted Rights Deferred Share Units 0.673 22,239 24.0% 114,847
Jul 15/19 Wirasekara, Anil Direct Ownership Rights granted Rights Deferred Share Units 0.673 21,189 19.5% 130,067
Jul 2/19 Wasilenkoff, Chadwick James Direct Ownership Public market sale Common Shares Class A voting without par v... 0.760 -10,400 -0.4% 2,324,302
Jun 28/19 Iadeluca, Giovanni Direct Ownership Public market buy Common Shares Class A voting without par v... 0.840 - 0.890 8,400 6.9% 129,500
Jun 26/19 Iadeluca, Giovanni Direct Ownership Public market buy Common Shares Class A voting without par v... 0.860 - 0.882 1,200 1.0% 121,100
Comment by sculpin2 on Sep 01, 2019 5:31pm
Smacks of forced selling. Margin calls? Or just needs to sell to raise cash for a lavish lifestyle?? https://business.financialpost.com/investing/long-road-back-from-disaster-how-one-bad-investment-nearly-destroyed-forest-paper-ltd
Comment by yyzinvestor on Sep 03, 2019 4:37pm
More like getting out before the entire ship goes down.  The white knight to bail this company out (if there is one) is going to wait till the stock price is almost zero. No reason to come in any earlier. Chad is likely getting his few thousand out before it's worth 1 cent. Sad but true unfortunately.
Comment by rad10 on Sep 05, 2019 9:53am
https://phys.org/news/2019-08-bio-inspired-technology-poised-disrupt-composites.html new project - same old hype and hyperbole. Interesting that there is a lot of lowballing the debentures.  Lots of stink bids.  The stockprice has diminished but debenture price has been crushed - usually it is the other way around.  Someone is loading up. This will be fun to watch.
Comment by nkbourbaki on Sep 14, 2019 8:51am
Charlatan Chad continues to dump at $0.13.  Unclear how much he knows, now that he's not sitting in the boardroom, but I imagine he must know more than me. With today's pricing, the debs and common together are worth less than $7m.   Amazing. Anyone know if there has been further deterioration in DP pricing? 
Comment by Contrarian333 on Sep 22, 2019 1:00pm
$680-700 no volume. 
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