ok lets compare
Directors
11/97 5/98 change
Leonard Hecht 167,392 164,992 -1.5%
Humbert B. Powell III 145,097 195,097 34.4%
Xin Cheng 196,945 163,648 -16.9%
Par Chada 2,426,551 1,180,119 -51.3%
new director
Renn Zaphiropoulos 0 11,667 N/A
old director
Sharon G. Chadha 908,364 ? N/A
The only red flag I can see is Par. I can only hope that PAR sold at
4-6 dollars because it was the advantage of the shareholders. I would
be very disturbed to find out he sold in order to get the funds to
buy back his position with the convertable shares.
Barry Witz and Sharon Chadha may or may not have sold their position.
In fact they could have increased it. At 20 million shares
outstanding they would need a least 2 million shares to have to file
to sell or buy. Of course we could hire them back as directors and
find out their total position.. But that would probably be a bad
idea. |
