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Message: Gutnick increased ownership since Dec '08

Gutnick increased ownership since Dec '08

posted on Nov 24, 2009 02:55AM

OK just one more thing...I was a little concerned like others that Gutnick was selling when the price was reaching lows. According to the 14A SEC filing, he now actually has a slightly larger ownership (in number of shares not percentage, due to some dilution from options & warrants) compared to Dec '08:

10/09 (226,333,392 shares outstanding as of October 7, 2009)

Title of Class
Name
Number of Shares Owned
Percentage of
Shares (1)
Shares of Common Stock
Joseph and Stera Gutnick *
72,593,393
(2)(3)(4)(5)
31.5

.

12/08 (226,315,392 shares outstanding as of December 31, 2008)

Title of Class
Name
Number of Shares Owned
Percentage of Shares (1)
Shares of Common Stock
Joseph and Stera Gutnick *
71,843,393
(2)(3)(4)(5)
31.74
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