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Microcap & Penny Stocks : IMES

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To: Greg Werner who wrote (1703)7/12/1998 6:48:00 AM
From: jimpit  Read Replies (1) of 1901
 
Greg and All,

Thanks all for your posts.

I went back to Rich's link and noticed the small
(i) designation, which, according to this definition,
describes him as an "indirect holder" of the stock:

QUOTE-------------------------------------
Who Is An Insider?

An insider is an officer, director, or beneficial owner (holder of 10% or more) of a company's stock. Insiders are both individuals and corporations, and are required
to report their:

Direct Holdings - holdings that are held in the name of the insider; and...
Indirect Holdings - holdings that are controlled by the insider, yet are held by another entity such as a family member, a trust, a company plan, or even a corporation to which the insider is affiliated. In many cases, the same block of indirect stock may be claimed by several insiders, such as a group of trustees over the same trust, or several partners in the same partnership. Some insiders hold all of their stock indirectly.

UNQUOTE-----------------------------------------

"Oh, the tangled webs we weave, when..."

jimpit

PS: Has anyone noticed the "Value" column on Rich's Yahoo
post? All those "proposed sales" have a share value of about
$1.00 per share. Whats going on there?
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