Mar 23/12 Richardson, George David Indirect Ownership Public market sale Common Shares 0.670 -500,000 -6% 7,309,900
Cousin Dave cashed in a few chips at .67 in March..this was some of the options he exercised last July at .42 ...so it is not as if he was robbing the store..no one begrudges anyone from making a profit on an investment...
Even insiders need money..
So he cleared $125,000.00 on his sale..he is probably in a 50% tax bracket at least..so good for him..
Capital gains tax but taxed none the less..
The show should pick up before the close..
Portee