Insider activityI know this has nothing to do with the current resource estimate but I stumbled across this article today that nicely lays out who and when shares were purchased. Enjoy.
https://www.gurufocus.com/news/268268/insiders-are-buying-wellgreen-platinum
2.1 Insider Ownership
Wellgreen’s directors and executive officers own 6% of the company.
Here is a table of Wellgreen’s insider activity during the last 30 days.
Name
|
Title
|
Trade Date
|
Shares Purchased
|
Prospectus
|
Current Ownership
|
Increase InShares
|
Robert Bruggeman
|
VP
|
June 24
|
40,000
|
Yes
|
200,875 shares
|
+24.9%
|
Wesley Hall
|
Director
|
June 24
|
230,769
|
Yes
|
850,149 shares
|
+37.3%
|
Gregory Johnson
|
CEO
|
June 24
|
100,000
|
Yes
|
1,200,000 shares
|
+9.1%
|
Myron Manternach
|
Director
|
June 24
|
10,000
|
Yes
|
20,000 shares
|
+100%
|
Jeffrey Mason
|
CFO
|
June 24
|
100,000
|
Yes
|
2,621,500 shares
|
+4.0%
|
Samir Patel
|
CC
|
June 24
|
5,000
|
Yes
|
110,000 shares
|
+4.8%
|
John Sagman
|
COO
|
June 24
|
40,000
|
Yes
|
451,875 shares
|
+9.7%
|
Mike Sylvestre
|
Chairman
|
June 24
|
10,000
|
Yes
|
60,000 shares
|
+20.0%
|
There have been 535,769 shares purchased by insiders during the last 30 days. All these shares were purchased pursuant to a bought deal financing.
Here is a table of Wellgreen’s insider activity by calendar month.
Month
|
Insider buying / shares
|
Insider selling / shares
|
June 2014
|
535,769
|
0
|
May 2014
|
0
|
0
|
April 2014
|
0
|
0
|
March 2014
|
0
|
0
|
February 2014
|
0
|
0
|
January 2014
|
200,000
|
0
|
December 2013
|
1,326,700
|
0
|
November 2013
|
9,116,577
|
18,525,000
|
October 2013
|
0
|
0
|
September 2013
|
0
|
220,000
|
August 2013
|
0
|
427,135
|
July 2013
|
1,101,500
|
578,500
|
June 2013
|
602,989
|
0
|
May 2013
|
0
|
0
|
April 2013
|
0
|
0
|
March 2013
|
0
|
0
|
February 2013
|
387,500
|
185,000
|
January 2013
|
51,000
|
35,000
|
(Note: Warrant exercises are not included in the table. There have been 35,000 warrants exercised since January 2013.)
There have been 13,322,035 shares purchased and there have been 19,970,635 shares sold by insiders since January 2013. The last time that insiders sold shares was in November 2013.