help needed if you have clue Have couple questions see if you have an idea to share:
1. I once came across a free website that showing all historical insider transaction, and can select insider name to pull his/her transactions. forgot website address, maybe you can remind me
2. from that website I saw that the CEO had about 2 or 3 million shares and after the Mar PP , he added 2 million more, so now he might own in total 4 to 5 million common shares.
3. suppose CEO with 5 million shares for now, if exercise warrants he will be holding 5+ 5*1.6 = 13 million shares . and total market share will be 210 to 220 million . He owns less than 10% still
4. question here, what source of funds did he use to buy the newly issued common share, buy from his own pocket? or reuse the funds from PP ?
5. It seems this incentive purchase plan could average down cost for all previous shareholders who participated in PP
6. Now the most important question here , how this CEO will untilize the recent funds collected.
the one from Mar , from July or even from warrants exercise before Aug 25. Should this company report usage of these cash to all shareholders?