Atlanta-based Signature Horizons Inc. (OTC BB: LUMI) plans to acquire all the assets of Sea Trail Plantation & Golf Links in Sunset Beach, N.C. for $45 million.
atlanta.bizjournals.com
The CEO, Ronald A. Potts, reported the purchase in a private transaction of another 1,000,000 shares of LUMI common stock last week at $.15 per share, increasing his total holdings to 11,049,868 shares.
biz.yahoo.com
He's been buying at much higher prices but the stock continues tank.
atlanta.bizjournals.com
His COO, Peggy Evans purchased 1,000,000 shares last week to increase her holdings to over 5,000,000 shares.
Despite this news, the stock continues to drift lower from $5 and is now trading at $.14.
Here's one mans analysis on the company from February.
ericdavid.com
I can't figure this one out but bought some shares to gamble. |
