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Searchlight Innovations Inc T.SLX


Primary Symbol: V.SLX.P

Searchlight Innovations Inc. is a Canada-based capital pool company (CPC). The Company's principal business is the identification, evaluation and acquisition of assets or businesses with a view to potential acquisition or participation by completing a qualifying transaction. The Company has not commenced commercial operations. The Company neither engaged in any operations nor generated any revenues. The Company is focused on acquiring business across the mining industry.


TSXV:SLX.P - Post by User

Comment by sunwoodon Nov 03, 2011 12:04am
270 Views
Post# 19204439

RE: RE: RE: Insider Selling - 10/27/11

RE: RE: RE: Insider Selling - 10/27/11
Trades Reported by Insiders  
The Insider Trades reported in the following table are provided by third parties over whom StockResearchPortal.com (“we” or “us”) has no control. They have been reported to us as the 15 most recent Insider Trades. Timing of inclusion is dependent on receipt of data. We cannot state with certainty that said information is timely, accurate, or complete. Unusual or material/significant reported data should be verified with Company Management. Insider trades are recorded from the date company data first was included in StockResearchPortal.com.

The following table lists the last 15 insider trades reported by SEDI® on and after 11-Apr-2008.
Trans Date Insider Name Securities Transaction # Bought / Sold Unit Price
10/28/2011
Nelson, Duane Anthony
Common Shares
10 - Acquisition or disposition in the public market
-10,500
0.4900
10/27/2011
Nelson, Duane Anthony
Common Shares
10 - Acquisition or disposition in the public market
-189,500
0.5000
10/25/2011
Nelson, Duane Anthony
Options
51 - Exercise of options
-200,000
0.3000
10/25/2011
Nelson, Duane Anthony
Common Shares
51 - Exercise of options
+200,000
0.3000
Hello Lambo:
   It's really all the same transaction.  Duane Nelson, the President, exercised some of his options and sold the shares.  Total value is about $100,000. Really nothing to get excited about.  He probably had some bills to pay, and needs some pocket money for Xmas.
   You can be pretty sure that he has a helluva a lot more shares, especially with news expected as they ramp up production by the end of this quarter.

sunwood
ps  Mind you, I not in the league that has those kinds of bills, or Xmas lists of presents I have to buy!.  But then again, I'm not President!
     
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