As of 11/21/97 (def 14a, filed with the SEC):
Par Chadha 2,426,551 (B) 13.5% -- --
2800 28th Street, Suite 100
Santa Monica, CA 90405
(B) Includes shares, options and warrants held in the name of R II
Partners, Inc., R-T Investments, Inc., and Rand Research Corporation. Mr. Chadha owns,
directly and indirectly, 100% of the outstanding capital stock of R II Partners,
Inc. and R-T Investments, Inc. Mr. Chadha holds exercisable options to acquire
552,500 shares of common stock at prices ranging from $1.50 to $7.92 per share (market
price on the date granted).
Mr. Chadha disclaims beneficial ownership of 28,906 shares held by Ms. Chadha.
==============================
Sharon G. Chadha 908,364 (C) 5.2% -- --
2800 28th Street, Suite 100
Santa Monica, CA 90405
edgar-online.com
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As of 5/29/98 (also filed with the SEC):
Par Chadha 1,180,119 (B) *
B) Includes shares and options held in the name of R II Partners, Inc., RT
Investments, Inc., and Rand Research Corporation. Mr. Chadha owns, directly and
indirectly, 100% of the outstanding capital stock of R II Partners, Inc., and RT
Investments, Inc. Mr. Chadha holds exercisable options to acquire 552,500 shares
of common stock at prices ranging from $1.50 to $7.92 per share (market price on
the date granted).
Mr. Chadha disclaims beneficial ownership of shares held by his wife,
Sharon Chadha.
edgar-online.com
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De Nile is not just a river in Egypt. The numbers are there, staring you in the face,
you can follow the links to Edgar if you want to verify that I actually cut and paste
from the filings. It really is silly to say that they broke them out in November, but
not recently. I agree that Sharon's weren't listed because she fell under 5%, we just
don't know if she still owns those anymore, because she is below 5%, and she is no longer
an insider. She can dump her shares without bothering to tell anyone, no? Why do you think
they just commingled the shares, but added the statement "Mr. Chadha disclaims
beneficial ownership of shares held by his wife,Sharon Chadha."
And why did it change from "disclaims beneficial ownership of 28,906 shares owned by Ms.
Chadha" to "disclaims beneficial ownership of shares held by his wife,Sharon Chadha"
Regardless, the Chadha's together had 3,334,915 between them in November. You are saying
that May's count of 1,180,119 is the total between them, and that you are satisfied that
they have sold no shares? I hope no one takes your word, but does analyze the numbers filed
with the SEC. Actuality shows that there has been massive dumping by the Chadha's (at least
by Par), and also Barry Witz.
I would, of course view this as a positive for Osicom if it is a sign that Witz
and the Chadha's are on their way out.
Sorry guy, the filings bear out the selling.
Barb
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