Artaflex Inc V.ATF

Timely Reporting...

[jackbnimble]

As of 11:59pm ET December 8th, 2011FilingDate TransactionDate Insider Name OwnershipType Securities Nature of transaction # or value acquired or disposed of UnitPriceDec 5/11 Nov 27/11 McClean, William James Direct Ownership Options 52 - Expiration of options -50,000 Oct 18/11 Jun 15/11 Szczur, Jonathan Direct Ownership Options 50 - Grant of options 400,000 Oct 18/11 Jun 13/11 Carruthers, Trenton Direct Ownership Options 50 - Grant of options 1,525,000 Dec 5/11 Feb 9/11 Carruthers, Trenton Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 Dec 5/11 Nov 17/10 McClean, William James Direct Ownership Options 52 - Expiration of options -20,000 Sep 22/11 Aug 10/10 Szczur, Jonathan Direct Ownership Options 50 - Grant of options 600,000 Sep 22/11 Jul 14/10 Szczur, Jonathan Direct Ownership Options 00 - Opening Balance-Initial SEDI Report Dec 5/11 Jan 5/09 Carruthers, Trenton Direct Ownership Common Shares 00 - Opening Balance-Initial SEDI Report Dec 5/11 Jan 5/09 Carruthers, Trenton Direct Ownership Options 00 - Opening Balance-Initial SEDI Report Dec 5/11 Nov 26/08 McClean, William James Direct Ownership Options 52 - Expiration of options -50,000 Sign up for an account or login above to see all SEDI filings within the past 6 months.

[elinvestor]

It goes without saying that the Q3 results were a dogs breakfast and that obviously is a testament to the great leadership and competency of Carruthers and his team.  What is mind boggling is how the board of directors can justify giving very generous stock options and significant raises to the CEO and CFO when they knew the Q3 results were horrible. How can they increase their