Theralase Technologies Inc. V.TLT

On his last day at Theralase, Shawn Shirazi

[Eoganacht]

...is shaking the dust from his feet. He was a CEO with no skin in the game. He sold the entirety of his 5,000 share holding for the princely sum of $950. 

Filing Details

 

Issuer Name    Theralase Technologies Inc.

Insider Name    Shirazi, Shawn

Relationship as filed with regulators    5 - Senior Officer of Issuer

Transaction ID    3792011

Filing Date    Aug 20, 2021

Transaction Date    Aug 20, 2021

Security Type    Common Shares

Transaction Nature    10 - Acquisition or disposition in the public market

Ownership Type    Direct Ownership

# or Value Acquired or Disposed of    -5,000

Unit Price or Exercise Price    $0.190

Closing Balance    0

[menoalittle]

I'm inclined to doubt that it was possible to "slow walk" things at Theralase any slower than they were under Shawn's "leadership."  Not saying there were... but quite frankly it's enough to make me wonder (not for the first time, actually... so it wouldn't surprise me in the slightest) if some sort of alterior motives (or incentives) were involved. 

[menoalittle]

it never made much sense to me why he (as CEO of the company) only held so few shares...  but, maybe now it does...