Hi John: This is not rumor. The insiders are buying: By July 18th,
Barry increased his position in 22,000 shares while Gary increaded it
in 20,000. They both hold more than 300,000 shares each. We do not
now yet what happend the last three weeks, but I was told by the
company that Insiders are not selling. A drop in the price will scare
a few people and allow others to accumulate. Our Top Cat is back at
StockHouse and he says that he is buying more at this prices.
IMHO, all this smells pretty good!
INSIDER TRADING REPORT FOR PERIOD ENDING August 15th, 1997 Page 31
08-14-1997 08:43:53
SEC TRANSACTION UNIT
ISSUER INSIDER RELN OWNER CLASS DATE NATURE ACQUIRED NATURE DISPOSED PRICE BALANCE
---------------------------------------- ------------------------------ ---- ----- ----- ---------- ------ ------------ ------ ------------ ------- -----------------
E.T.C. INDUSTRIES LTD LEIBSCHER, KENNETH BARRY 4 0 CM 07-18-1997 10 15,000 0 0.180 444,500
4 0 CM 07-18-1997 10 7,000 0 0.190 451,500
MUSIL, GARY 45 0 *CM 06-17-1997 76 26,000 0 0.230 339,000
45 0 *CM 06-27-1997 10 10,000 0 0.230 349,000
45 0 CM 07-02-1997 0 20 26,000 0.240 323,000
45 0 CM 07-22-1997 10 10,000 0 0.160 333,000 |
