OTCPK:TOUBF - Post by User
Post by
Preteriston Jun 15, 2011 10:59pm
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Post# 18721787
Insider Trading???
Insider Trading???A lot of negative energy has been poured into an ALLEGED (unproven just like Carson lock's crap) insider trade on a certain site. I am shocked at the stupidity of the bashers for jumping on this alleged bandwagon for their own purposes and to continue their ignorant scare campaign. The weblink has a disclaimer stating its UNRELIABILITY as to the accuracy of said trading. They even offer correction reports right afterwards as a matter of due course.
Here is the rel stuff for June 15th:
Sino-Forest Corporation (TRE) | As of June 15th, 2011 |
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Jun 04/11 | May 31/11 | West, Garry | Direct Ownership | Rights DSU | 56 - Grant of rights | 454 | |
| Jun 04/11 | Feb 22/11 | West, Garry | Direct Ownership | Rights DSU | 00 - Opening Balance-Initial SEDI Report | | |
| Jun 04/11 | May 31/11 | Bowland, James Parkinson | Direct Ownership | Rights DSU | 56 - Grant of rights | 454 | |
| Jun 04/11 | Feb 22/11 | Bowland, James Parkinson | Direct Ownership | Rights DSU | 00 - Opening Balance-Initial SEDI Report | | |
| Mar 31/11 | Aug 31/10 | Martin, W. Judson | Direct Ownership | Rights DSU | 56 - Grant of rights | 254 | |
| Mar 30/11 | Feb 28/11 | Mak, Edmund Kin Kai | Direct Ownership | Rights DSU | 56 - Grant of rights | 403 | |
| Mar 30/11 | Nov 30/10 | Mak, Edmund Kin Kai | Direct Ownership | Rights DSU | 56 - Grant of rights | 393 | |
| Mar 30/11 | Aug 31/10 | Mak, Edmund Kin Kai | Direct Ownership | Rights DSU | 56 - Grant of rights | 476 | |
| Mar 30/11 | Feb 28/11 | Wang, Peter (Donghong) | Direct Ownership | Rights DSU | 56 - Grant of rights | 460 | |
| Mar 30/11 | Nov 30/10 | Wang, Peter (Donghong) | Direct Ownership | Rights DSU | 56 - Grant of rights | 450
| |
There has been NO insider trading of Sino-Forest stock, so please drop the silly accusations - you are embarassing yourselves (a t least for those who are not on ignore YET.
BTW, being advised by counsel not to buy back shares does not dogmatically mean that it would be illegal. They could have bought back before officially coming under investigation, although the time frame was fairly slim...
The facts, people, THE FACTS. Bashers can't even conjure a proper denotation for that.