OTCPK:GNOLF - Post by User
Comment by
notforprofiton May 26, 2005 12:43pm
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Post# 9080333
RE: RE: Should be a concern (Vango)
RE: RE: Should be a concern (Vango)It would appear that Brian Korney and Stephen Romocki sold not most but all of their common stock according to SEDI.
https://www.sedi.ca/NASApp/sedi/SVTItdSelectIssuer?locale=en_CA
Brian Korney - Chief Financial Officer
Insider name: Korney, Brian
Insider's Relationship to Issuer: 4 - Director of Issuer
Security designation: Common Shares
485071 2005-05-17 2005-05-20 Direct Ownership :
10 - Acquisition or disposition in the public market -100,000 0.4300 0
Security designation: Options (Common Shares)
485044 2005-05-14 2005-05-20 Direct Ownership :
51 - Exercise of options -100,000 0.1300 300,000 Common Shares -100,000 300,000
485056 2005-05-16 2005-05-20 Direct Ownership :
51 - Exercise of options -100,000 0.2900 200,000
Stephen Romocki - VP Sales and Marketing
Insider name: Romocki, Stefan Martin
Insider's Relationship to Issuer: 5 - Senior Officer of Issuer
Security designation: Common Shares
486498 2005-05-16 2005-05-25 Direct Ownership :
10 - Acquisition or disposition in the public market -65,000 0.4300 28
Security designation: Options (Common Shares)
442349 2005-03-17 2005-03-18 Direct Ownership :
51 - Exercise of options -280,000 0.1000 1,500,000 Common Shares -280,000 1,500,000
Security designation: Warrants (Warrants)
442340 2005-03-17 2005-03-18 Direct Ownership :
54 - Exercise of warrants -21,428 0.1500 0
There is nothing wrong with taking profits, IMO. Their remaining number of options is still significant.
Would anyone know what their involvement might be in the discussions with Lukoil?