Brokerage is National...so it's David.
Now he sold 0.011% of his position..0.01% ! He now owns 12,452,800 shares
We all know he loves this company and stock. He was even buying last week at $1.18
Jun 19/12 |
Jun 18/12 |
Macdonald, David Morris |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
4,500 |
$1.18
|
Jun 19/12 |
Jun 18/12 |
Macdonald, David Morris |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
5,500 |
$1.17
|
Jun 19/12 |
Jun 18/12 |
Macdonald, David Morris |
Direct Ownership |
Common Shares |
10 - Acquisition in the public market |
5,000 |
$1.15 |
I'm guessing that most of his money is tied up in CUU.
Basically he needed money and probably had no choice:
* options to be exercised in another company ?
* Margin call on a bad investment ?
* Personal reasons ?
Don't forget Ernesto just put in $4.5 Million 2 weeks ago at $1.12