Looks like this boy does not read Stockhouse for advice. Maybe you better email him and warn him so he can sell out on monday. $hit for brains.
Ms. Jan Crawfordreports
SHELDON INWENTASH ACQUIRES COMMON SHARES OF CENTRIC ENERGY CORP.
Sheldon Inwentash, through a series of transactions ending on Aug. 5,2010, has acquired ownership of 926,794 common shares of Centric EnergyCorp. through the facilities of the TSX Venture Exchange, representingapproximately 1.3 per cent of the total issued and outstanding commonshares of Centric as of Aug. 5, 2010.
Asa result of this transaction, Mr. Inwentash and his joint actorscollectively held, as at Aug. 5, 2010, an aggregate of 8,646,794 commonshares of Centric, including the common shares and rights to acquire anadditional 1.5 million common shares of Centric upon the exercise ofconvertible securities. Of these totals, Mr. Inwentash owns 1,526,794common shares, including the common shares directly. In the event thatthe convertible securities are fully exercised, the holdings of Mr.Inwentash and his joint actors represent a total of 10,146,794 commonshares of Centric, or approximately 13.5 per cent of all issued andoutstanding common shares as at Aug. 5, 2010, calculated on a partiallydiluted basis assuming the exercise of the convertible securities only.
The 1,526,794 common shares directly held by Mr. Inwentashrepresent approximately 2.1 per cent of all issued and outstandingcommon shares as at Aug. 5, 2010.