Note that Idealab (Bill Gross' Idealab!) has filed to sell 97,000 shares, an amount that exceeds 1% of IBUY outstanding shares. Since I presume they can and did get good securities law advice, it seems clear that the volume rule does apply to OTCBB stocks.
Who is realley selling 144 beside Gross ? a previous officer (Bill Gross' Idealab!) and a cupel of smal insiders!
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth as of October 31, 1998 certain information
with respect to the beneficial ownership of the Company's Common Stock by (i)
any person (including any "group" as that term is used in Section 13(d)(3) of
the Securities Exchange Act of 1934, as amended (the "Exchange Act")) known by
the Company to be the beneficial owner of more than 5% of the Company's voting
securities, (ii) each director and each nominee for director of the Company,
(iii) each of the executive officers named in the Summary Compensation Table
appearing herein, and (iv) all directors and executive officers of the Company
as a group.
----------------------------------------------------------------------------------------------------------------
NAME AND ADDRESS (1) NUMBER OF SHARES PERCENTAGE OF TOTAL
----------------------------------------------------------------------------------------------------------------
Robert J. McNulty (2) 1,556,500 31.8%
2401 Bayshore Drive
Newport Beach, California
----------------------------------------------------------------------------------------------------------------
Mark S. Winkler 25,000 *
27863 Longhill Drive
Rancho Palos Verdes, California
----------------------------------------------------------------------------------------------------------------
Douglas A. Hay (3) 220,000 4.8%
4630 East Sunnyside Lane
Phoenix, Arizona
----------------------------------------------------------------------------------------------------------------
Paul J. Hill (4) 404,751 9.0%
2000-1874 Scarth Street
Regina, Saskatchewan
Canada
----------------------------------------------------------------------------------------------------------------
Edward F. Bradley (5) 304,750 6.8%
1515 N. 600 E.
Mapleton, Utah
----------------------------------------------------------------------------------------------------------------
Kristine E. Webster (6) 45,000 1.0%
25510 Buckly
Murrieta, CA 92563
----------------------------------------------------------------------------------------------------------------
-62-
----------------------------------------------------------------------------------------------------------------
NAME AND ADDRESS (1) NUMBER OF SHARES PERCENTAGE OF TOTAL
----------------------------------------------------------------------------------------------------------------
idealab| (7) 787,500 17.1%
130 West Union Street
Pasadena, CA 91103
----------------------------------------------------------------------------------------------------------------
Cyber Depot, Inc. (8) 350,000 7.8%
3334 E. Coast Highway, #306
Corona del Mar, CA 92625
----------------------------------------------------------------------------------------------------------------
Edward F. Harris (9) 326,431 7.41%
P.O. Box 593
Glenbrook, Nevada
----------------------------------------------------------------------------------------------------------------
William D. Long (10) 321,301 7.3%
P.O. Box 522
Glenbrook, Nevada
----------------------------------------------------------------------------------------------------------------
John H. Markley (11) 454,750 9.8%
120 Eastlake Drive
Palm Springs, CA 92264
----------------------------------------------------------------------------------------------------------------
Frank W. Denny (12) 604,750 13.5%
8221 Pimlico
Boerne, Texas
----------------------------------------------------------------------------------------------------------------
Howard S. Schwartz 0 *
1701 South El Molino Avenue
San Marino, CA 91108
----------------------------------------------------------------------------------------------------------------
All directors and executive officers as a 1,839,001 41.75%
group (eight persons)
----------------------------------------------------------------------------------------------------------------
* Less than 1% of the total.
NO ONE WILL SELL A SINGEL SHARE BOFORE IT REACHES
A TRIPLE DIGIT NUMBER !!!! |
