Comment by
Solid1 on May 26, 2023 8:57am
I don't think he's selling them to an unknown person....
Comment by
mdjbrown on May 26, 2023 12:17pm
Tough to tell S1 May 19 daily volume was huge in comparison to months previous and it looks like the Omega platform accomodated transactions in the amount of 1.178 million shares that day but the shares were sold on the open market. Just not a great look when there is so much uncertainty https://www.stockwatch.com/Quote/Detail?C:LABS&snapshot=SX
Comment by
alleyesonme on May 26, 2023 8:12pm
Share based compensation is how a small Corp like labs can have a high calibre pharmaceutical CEO...sold these shares the same day it was awarded and still adds 1.2 million shares to his huge pile...nothing to be concerned about...the way this was done was very professional...this millionaire just needs to be paid...and he's doing a great job.
Comment by
subaru1i on May 26, 2023 9:06pm
MediPharm Labs Reports First Quarter Results with Growth in Sales, Margin and EBITDA
Comment by
subaru1i on May 26, 2023 12:53pm
You can look it at negatively but you can also incorporate wealth planning, no different than estate planning when you transfer an asset from a parent to a child while the parent is still living...a form of wealth planning/preservation. The transfer of assets merely being accomodated by a stock exchange platform.