Hi Sergio and others,
It sure looks to me like Mr. Doppler's officially holding only 1500 shares. The 220,000 shares that Harley is mentioning are, according to the BCSC, actually options that Doppler was granted when he came on as president. Stevie Wonder has yet to exercise any of them. Mind you with the stock trading on the open market at about 60% of his exercise price he'd need to be pretty foolish to do that, and one thing that your typical VSE listed company prez isn't, is foolish with his own money. It sure took him long enough to report selling the 10,000 shares in May -- three months. Oh well, a guy gets busy ...
For those that are interested: A few highlights about our man Stevie
Best wishes to all
George
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Insider: DOPPLER, STEPHEN B.
Reln Owner Class Date Nature Acquired Nature Disposed Price Balance Reported
45 0 CM 12-Aug-96 0 0 0 0 $0.00 8,000 20-Sep-96 45 0 CM 19-Aug-96 10 2,000 0 0 $0.41 10,000 20-Sep-96 45 0 *O 02-Oct-96 96 220,000 0 0 $0.38 220,000 06-Dec-96 45 0 CM 04-Dec-96 0 0 10 2,000 $0.29 12,000 10-Jan-97 45 0 CM 18-Mar-97 0 0 10 500 $0.66 11,500 04-Apr-97 45 0 CM 05-May-97 0 0 10 500 $0.33 11,000 01-Aug-97 45 0 CM 05-May-97 0 0 10 9,500 $0.32 1,500 01-Aug-97
For a guide to codes in above table. bcsc.bc.ca
***** Stevie-boy becomes prez
Adamas Resources Corp - New president
Adamas Resources Corp AMS Shares issued 4766989 1996-08-09 close $0.34 Monday Aug 12 1996 Mr Richard Pearson reports Mr Stephen B. Doppler has joined the board of directors and has been appointed president of the company. Mr Doppler has over ten years of diversified professional managerial experience with mining companies and consulting firms, as well as international expertise in precious and base metal acquisitions. The company is evaluating West African acquisition targets identified during Balfour Holding's recent visit to the region. Negotiations to secure a mining permit for an advanced stage gold project are continuing.
*****(with apologies to John Lennon) Where Stevie gets his oats
Adamas Resources Corp -
Adamas Resources Corp AMS Shares issued 4766989 1996-10-02 close $0.28 Wednesday Oct 2 1996 On September 24 1996, directors and employees have been granted options on 220,000 shares at $0.38 expiring September 23 1998.
***** gee I wonder if Latiti M. Doppler is related to our Stevie hint: Deardon and Berranger file insider reports.
Adamas Resources Corp - 600,000 shares at $0.30
Adamas Resources Corp AMS Shares issued 5906989 1997-03-10 close $0.69 Tuesday Mar 11 1997 The VSE has accepted for filing a non-brokered private placement of: No. of shares: 600,000 Price: $0.30 Warrants: For 600,000 shares Wt exercise price: $0.30 in year one; $0.35 in year two Placees: Stephane Goulet 33,333; Nancy Berranger 133,333; Latiti M. Doppler 100,000; Michael Deardon 33,333
***** Notes to self "1 - Be out before January 12, 1998 "2 - Watch out for this date getting moved up. Adamas Resources Corp - Private placement closed
Adamas Resources Corp AMS Shares issued 5906989 1997-03-13 close $0.63 Friday Mar 14 1997 Mr Barry Whelan reports The company has closed its private placement of 600,000 units. The securities issued are subject to a hold period expiring on January 12 1998. There were no finder's fees payable.
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