Mart Resources Inc MAUXF

this is what makes me nervous about

[b4545]

holding MMT long. All the insider selling in July.

https://canadianinsider.com/node/7?menu_tickersearch=MMT+%7C+Mart+Resources%2C

					As of 11:59pm ET September 11th, 2012
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Price
Jul 19/12	Jul 18/12	Armstrong, Derrick Robert	Indirect Ownership	Common Shares	10 - Disposition in the public market	-2,583	$1.47
Jul 20/12	Jul 17/12	Cherwayko, Wade George	Direct Ownership	Common Shares	10 - Disposition in the public market	-2,100,000	$1.42
Jul 20/12	Jul 17/12	Wolbaum, Leroy	Direct Ownership	Common Shares	10 - Disposition in the public market	-1,000,000	$1.42
Jul 19/12	Jul 17/12	Tapuska, Edward William	Direct Ownership	Common Shares	10 - Disposition in the public market	-135,000	$1.42
Jul 19/12	Jul 17/12	Crilly, Paul Alexander	Direct Ownership	Common Shares	10 - Disposition in the public market	-675,000	$1.42
Jul 19/12	Jul 17/12	Armstrong, Derrick Robert	Direct Ownership	Common Shares	10 - Disposition in the public market	-625,000	$1.42
Jul 18/12	Jul 17/12	Droppo, Dallas	Direct Ownership	Common Shares	10 - Disposition in the public market	-1,125,000	$1.42
Jul 20/12	Jul 16/12	Cherwayko, Wade George	Direct Ownership	Common Shares	51 - Exercise of options	7,275,000	$0.340
Jul 20/12	Jul 16/12	Cherwayko, Wade George	Direct Ownership	Options	51 - Exercise of options	2,225,000	$0.650
Jul 20/12	Jul 16/12	Cherwayko, Wade George	Direct Ownership	Options	51 - Exercise of options	4,450,000	$0.170
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[extreme22]

Yah but they are just selling shares they just picked up from warrants/etc at 17/34/65 cents.  Why not sell some.  Free money to them.

[kaisersosze]

Nice soft bash. Guess you forgot that bobby already schooled you once...go away!https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=MMT&t=LIST&m=31335440&l=0&pd=2&r=0

[2guys]

I see what you mean b4545. But why does it make you so nervous when insiders sell shares in order to exercise options. And all along I thought that was good thing, lol. Date Insider: Shares Transaction Value 07/18/12 Armstrong, Derrick Robert, Director of Issuer -2,583 Acquisition

[watch22]

Christ - we've been through those insider trades before - please stop missleading the public! - management increased their exposure through the option exercises - the math is pretty simple.   And last I checked - depending on income levels - dividends can be taxed lower than gains - maybe you're lucky and at the highest rate in Ontario you're paying 29% on dividends and 23% on net

[Kherson]

 Watch22, you might want to brush up on income tax rates. A good place to start is at the CRA website. Keep in mind that you only claim half of a capital gain... Kherson

[young_spanky]

This post has been removed in accordance with Community Policy

[watch22]

Kherson, what are you talking about? the effective rate for an Ontario resident with income of $132,000 to $500,000 is - dividends - 29.54% (assuming they're 'elligible') - capital gains - 23.30% (that's right - half the marginal income rate of 46.41%)   These are 2012 rates, with the effective rate on dividends up slightly from 2011.   Please let me know where I'm

[Kherson]

 Yes watch22, you are absolutely correct under the circumstances that you have alluded to. But throw into the mix the idea that the capital gain or dividend was say inside an RRSP and you now decide to withdrawn it. Now, what would the effective tax rate be?  It is next to impossible to put an effective tax rate on any investment income without first knowing the person's overall