Dear dfw@SEC.GOV,
How come he can make millions in a stock that went from 54 dollars a share, to 1 dollar a share? There is no way anyone should be making a profit, executive compensation or not. Can you explain how profits are made when a stock falls by 98%?
Here is the same person named as two different people: BROWN, BRUCE Chief Executive Officer 17-Jun-98 BROWN, BRUCE W. Chairman 28-Feb-01 siliconinvestor.com
Now he buying EFNT shares at .25 cents 30-Mar-01 80,000 EFNT Acquired shares via Excercise of Options at $.25--$.00/Share. Cost of $20,000.
Why stop at that, call in the whole BROWN FMLY TR (Brown Family trust). A double your insider selling. He needs more people a handle all the sell orders and call up INSIDER: LAWRENCE O BROWN and let the Brown selling mania begin.
How did he get EFNT shares at .25 cents and 80,000 of them. With the money he is making why not start a business buying shares way below the market and selling them the next day at market value.
8-Feb-00 10,000 EFNT Acquired shares via Excercise of Options at $.25--$.00/Share. Cost of $2,500. 8-Feb-00 10,000 EFNT Private Sell at $70.00/Share. Proceeds of $700,000.
25-Jan-00 10,000 EFNT Acquired shares via Excercise of Options at $.25--$.00/Share. Cost of $2,500. 25-Jan-00 10,000 EFNT Sold at $71.94/Share. Proceeds of $719,370.
He is buying EFNT shares at a constant price at .25 cents and then selling them the same day at 71.94 and he is doing this at two different companies (and his whole family, who is INSIDER: LAWRENCE O BROWN.) is doing it but moved to EFNT because VRTL is going out of business.
I wonder why stop at 80,000 at .25 and use your whole family as a boiler room? Why not 10,000,000 at .05 and start using the whole city block as "employees" who need "executive compensation" for all money they did not make and that value added to VRTL shares now on the list to be delisted? |