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Biotech / Medical : ECHTA: EchoCath, Inc.

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To: Joe Copia who wrote (6)4/27/2001 10:40:42 AM
From: scott bradley  Read Replies (1) of 10
 
Just a little more info from my call to CFO Frank Joworisak.

The majority of his holdings are in stock options that are underwater at this time.

A quick look at insider trades using Yahoo only listed trades for one guy, Joe Prischak. Frank estimates that Joe now owns around 60% of the company. I asked if he was the science brains behind the co. He is not. He is a recent angel investor that is already successful in the plastic business.

Dunno what it all means but just thought I would share what I heard. Maybe some day it will all add up to some cash.
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