Tidbits from sedi.caWolf Bieles owns 13.7m shares.
Anastasia own 352k shares.
Norbert owns 2.29m shares.
Albright Vulture Funds owns 27.7m shares, apparently owned most of them prior to 2005.
William Staudt owns 1.877m shares.
John Freund owns 418k shares.
Evansville, Inc owns 5.4m shares.
All of this before options, financials and sedi.ca show no warrants outstanding.
Albright's ownership costs were not fully transparent, but I think I have it figured out.
Opening balance on 11/24/03 of 9.7m shares, no basis shown (see below).
1/19/2004 purchases 15.4m at .30 under prospectus exemption--usually a private placement.
9/10/2004 sells 4.99m shares for 1.15.
5/29/2006 purchases 7.5m at .26 under prospectus exemption--usually a private placement.
Looking at the 2003 annual report this 11/24/03 entry was probably a private placement for .30/share.
You would think a venture fund could fill out its insider paperwork correctly, wouldn't you?
Evansville, Inc was involved with bridge financing in 2003, a family member of the owner of Evansville, Inc was a director of Sirit at the time, this unnamed person has moved on and Evansville, Inc. sold 3.5m of its original 8.9m shares in a private transaction to what was supposed to be insiders of Sirit for .30/share, but I can't find anywhere near that level of purchases by insiders. Evansville, Inc. is still shown as owning 5.4m shares, with no transactions since 2003.
I keep coming up with cost basis between $.15-.30 per share, .30 being a more common number. Some options were at .08, but really not that many. This group wasn't flipping options to stock and selling like a number of resource companies that I have researched.
Canadian Insider may be a more convenient way of finding this information if someone has the "pay for" service, I just stumble through sedi cheaply.