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Message: RE: 3,000,000 shares acquired ...PAUL...- Gil...Larry...All...

RE: 3,000,000 shares acquired ...PAUL...- Gil...Larry...All...

posted on Apr 02, 2006 08:41AM
Here is what was reported by jeau...

``750,000 - Cocumelli

750,000 - Diaz

750,000 - Warden

500,000 - Putnam

250,000 - Blakely

It appears the options were exercised on 3/30/06, and the forms filed today. Exercise price @ .145 - with 1/3 vesting immediately, 1/3 vesting on 3/30/07 and the balance vesting on 3/30/08.

(putting their ``money`` where their mouths are ???)``.

As I understand your post only Putam and Blakely,(the two most prominant members of the Board have Exercised`` their options, or ``Put their money where their mouth is``, and not DIAZ, WARDEN, or Cocumeli...

The point in my post was that ``IT IS A POSITIVE SIGN`` when the executive officers of the company ``put their money where their mouth is``, as jeau so aptly observes...

For years I have read whinings on this board that the management does not invest in its own stock. Now that they are doing it we have all this wasted bandwith, nit picking the issue as to whether they paid hard cash for it, or was it options given them that were exercised, and did they all do it, or only two of them?...

As FLASH would say BASTA!...BASTA...CAPEESH...Lol...Lol...

Good Luck to all...

Gil...

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