Hi Ken,
This citation from a 13D/A filed by Steve Newby today might explain the recent volume and weakness of WRSI:
ITEM 5.Interest in Securities of the Issuer
A) Steven T. Newby owns less than 5%, 207,500 shares or 4.89% of
Woodroast Systems, Inc. 4,242,397 shares outstanding (05/05/97).
B) Steven T. Newby has sole voting and sole disposition powers.
C) All stock sold in the last sixty days has been on the open market.
09/04/97 Sold 4,000 shares @ 1.6875 $ 6,750.00
09/18/97 Sold 75,000 shares @ 1.3125 $ 98,437.50
09/19/97 Sold 80,000 shares @ 1.3125 $105,000.00
09/23/97 Sold 50,000 shares @ 1.4375 $ 71,875.00
Regards,
Dennis |
