Premier Health of America Inc T.PSN

RE: RE: RE: RE: RE: RE: RE: Kherson

[sellthefarm]

Where are you getting this margin call business from? He hasn't bought more than 5,000 shares in PSN so he wouldn't have used the shares for margin of PSN shares.

He may have used margin in his accounts to buy other stock, which if he was short on margin, he could sell any stock he owned in that margin account, not just PSN. There are specific rules for insiders that if an insider is under financial hardship, they can, in certain circumstances, sell shares of the company when under blackout. However, in this case, he would never have received permission.

Look at the charts below. They are all the transactions he filed since PSN was spun out. Trans. #10 means a purchase or sale in the public markets and #3030 - Acquisition or disposition under a purchase/ownership plan

Looking at all of his trading activity, he hasn't purchased many shares in PSN. He was granted 2.67m shares when PSN was sprun out and then sold 900,000 of them in November at the mid $11 range. His only purchase (transaction nature 10) was of 288 in Nov 2011 and 4,800 shares in Feb 2012. All of his other transactions were shares issued under his company purchase plan or options.

If this guy couldn't hang on to the $9m of cash he got from his Nov 2011 sales he is a horrible cash manager. Your margin call reasoning is bogus. He sold when he wasn't restricted, simple as that. The securities commission will be looking at that trade for sure.

Filing Date

Transaction Date

Ownership Type

Transaction Nature

Security Designation

Units or Value Transacted

% Holdings Change *

Price

Jan 04/13	Dec 28/12		10	Common Shares	-100,000	-5.6%	$1.15
Dec 18/12	Dec 17/12		30	Common Shares	1,010	35.3%	$3.30
Oct 16/12	Oct 15/12		30	Common Shares	228	8.7%	$14.59
Sep 17/12	Sep 17/12		30	Common Shares	207	8.5%	$16.10
Aug 17/12	Aug 16/12		30	Common Shares	218	9.9%	$15.25
Jul 19/12	Jul 16/12		30	Common Shares	258	13.2%	$12.90
Jun 18/12	Jun 15/12		30	Common Shares	238	13.9%	$14.00
May 16/12	May 15/12		30	Common Shares	254	17.4%	$13.10
Apr 17/12	Apr 16/12		30	Common Shares	238	19.5%	$14.00
Apr 02/12	Mar 30/12		50	Options	60,000	6.0%	$13.88
Mar 15/12	Mar 15/12		30	Common Shares	212	21.0%	$15.70
Mar 01/12	Feb 28/12		30	Common Shares	380	> 100%	$15.25
Feb 16/12	Feb 15/12		30	Common Shares	199	24.5%	$16.75
Feb 10/12	Feb 07/12		10	Common Shares	4,800	0.3%	$15.53
Feb 06/12	Feb 02/12		30	Common Shares	231	39.8%	$14.40
Dec 19/11	Dec 15/11		30	Common Shares	292	> 100%	$11.40
Nov 18/11	Nov 15/11		10	Common Shares	288	> 100%	$11.55
Nov 18/11	Nov 14/11		10	Common Shares	-4,500	-0.3%	$11.42
Nov 18/11	Nov 14/11		10	Common Shares	-850,000	-31.9%	$11.05
Nov 18/11	Nov 14/11		10	Common Shares	-21,500	-1.2%	$11.45

Nov 18/11	Nov 14/11		10	Common Shares	-5,500	-0.3%	$11.43
Nov 18/11	Nov 14/11		10	Common Shares	-5,400	-0.3%	$11.41
Nov 18/11	Nov 14/11		10	Common Shares	-13,100	-0.7%	$11.40
Nov 18/11	Nov 14/11		50	Options	1,000,000	> 100%	$11.44
Nov 18/11	Nov 01/11		00	Options	0	n/a
Nov 04/11	Nov 01/11		00	Common Shares	2,667,671	n/a
Mar 01/12	Nov 01/11		00	Common Shares	0	n/a
Nov 18/11	Nov 01/11		00	Common Shares	0	n/a
Nov 04/11	Nov 01/11		00	Common Shares	17,678	n/a