The Rebibo Files: XYBRs Selfware aquistion?s CEO/Chairman t is former XYBR director
Yesterday XYBR announced that it would aquire a small software house. That left me scratching my head to find out why. Nothing seemed wrong with the company itself, only that it did not IMO fit the business model of XYBR. Below is what I found out.
Here is the data, for those that want to see how this is happening.
Will you call me swwwweeeeetttttt haaarrrrtttttttt, if I do a deal, will you call me swweeeettttt heartttttt, doobie doobie doooooooooooooo???? Wolff
---------------------------
The PR biz.yahoo.com
Buried within that you see, just a small line ?Mr. Rebibo was a member of Xybernaut's board of directors from January 1996 to August 1997 and has been chairman and CEO of Selfware since May 1997."
Lets see what the SEC knows:
Name: REBIBO JACQUES
Title: Director
Company: Xybernaut Corp
Shares Remaining: N/A
Transaction History
Date Action Broker Shares Type Price Value
1-Jan-00 Planned Sale (144) SALOMON BROTHERS/SMITH BARNEY 120,000 Common - $588,720
biz.yahoo.com
=============================
Jacques Rebibo has been a director of the Company since January 1996.
Since 1983, Mr. Rebibo has been Chairman of the Board and a director of
Selfware, Inc., a software development and consulting firm, and since 1991 has
been President, Chief Executive Officer and a director of Mortgage Investment
Corporation, a mortgage banking firm. Prior to 1983, Mr. Rebibo was President
of Rebibo and Chorazy, a financial planning firm, and Executive Vice President
of Systematics General Corporation, a publicly-traded manufacturer and
distributor of computer systems. Mr. Rebibo was a director of Fairfax Bank &
Trust from 1985 through 1995. Mr. Rebibo is a graduate of Memphis State
University (B.S. 1962) and the University of Maryland (M.A. 1964).
(from: XYBERNAUT CORP filed this 10KSB40 on 03/31/1997. )
======================================
Mr. Rebibo served as a director of the Company through August 28, 1997.
His holdings include 10,000 shares of Common Stock issuable upon
exercise of currently exercisable options.
Amount of Shares
Beneficially
Name(1) Owned Percentage Owned
- ------- ---------------- -----------------
Edward G. Newman ................................ 3,771,721 (2) 18.0%
Dr. Steven A. Newman............................. 1,683,897 (3) 8.0%
George Allen ---- *
Eugene J. Amobi.................................. 360,000 (4) 1.7%
Keith P. Hicks, Esq.............................. 414,171 (4) 2.0%
John P. Moynahan................................. 128,333 (5) *
Phillip E. Pearce................................ 60,000 (4) *
James J. Ralabate, Esq........................... 108,121 (4) *
Jacques Rebibo................................... 197,500 (6) *
Lt. Gen. Harry E. Soyster (Ret.)................. 84,061 (4) *
Kaz Toyosato .................................... 50,000 (7) *
Martin Eric Weisberg, Esq........................ 60,000 (4) *
Officers and directors (14 persons).............. 7,135,556 (8) 32
XYBERNAUT CORP filed this PRE 14A on 08/12/1998.
================================
Option Grants Table. The following table sets forth information on grants of stock options during fiscal 1996 to John W. Williams, Vice President and Chief Operating Officer; Phillip E. Pearce, a director; Jacques Rebibo, a director; Harry E. Soyster, a director; and Keith P. Hicks, a director. All such options are exercisable to purchase shares of common stock. Options granted Percent of total Exercise or options granted to base price Name (shares) employees in year ($/Share) Expiration date --------------- ------------------ ----------- ---------------
John W. Williams 50,000 9.2% $6.00 April 22, 2006
Phillip E. Pearce 50,000 9.2% $6.00 June 14, 2006
Jacques Rebibo 50,000 9.2% $6.00 June 14, 2006
Harry S. Soyster 25,000 4.6% $6.00 June 14, 2006
Keith P. Hicks 50,000 9.2% $6.00 June 14, 2006
XYBERNAUT CORP filed this 10KSB40 on 03/31/1997.
==============================
(5) Includes 17,500 shares owned by Mortgage Investment Corp., an
affiliate of Mr. Rebibo, and 10,000 shares owned by the profit sharing
plan of Rebibo and Corazy.
XYBERNAUT CORP filed this 10KSB40 on 03/31/1997
============================
Includes 17,500 shares owned by Mortgage Investment Corp., an affiliate
(6) Includes 17,500 shares owned by Mortgage Investment Corp., an affiliate
of Mr. Rebibo, and 10,000 shares owned by the profit sharing plan of
Rebibo and another individual.
XYBERNAUT CORP filed this PRE 14A on 07/21/1997.
==============================
See "Omnibus Stock Incentive Plan." Steven A. Newman,
Andrew Heller, and Jacques Rebibo have entered into consulting agreements with
the Company. See "Business-Employees and Consultants."
XYBERNAUT CORP filed this 10KSB40 on 03/31/1997.
=====================
.
Amount of Shares
Beneficially
Name(1) Owned Percentage Owned
- ------- ---------------- ----------------
Edward G. Newman ................................ 3,771,721 (2) 18.0%
Dr. Steven A. Newman............................. 1,683,897 (3) 8.0%
George Allen..................................... ---- *
Eugene J. Amobi.................................. 360,000 (4) 1.7%
Keith P. Hicks, Esq.............................. 414,171 (4) 2.0%
John P. Moynahan................................. 128,333 (5) *
Phillip E. Pearce................................ 60,000 (4) *
James J. Ralabate, Esq........................... 108,121 (4) *
Jacques Rebibo................................... 197,500 (6) *
Lt. Gen. Harry E. Soyster (Ret.)................. 84,061 (4) *
Kaz Toyosato .................................... 50,000 (7) *
Martin Eric Weisberg, Esq........................ 60,000 (4) *
Officers and directors (14 persons).............. 7,135,556 (8) 32.2%
XYBERNAUT CORP filed this DEF 14A on 08/25/1998.
====================
(6) Mr. Rebibo served as a director of the Company through August 28, 1997.
His holdings include 10,000 shares of Common Stock issuable upon
exercise of currently exercisable options.
XYBERNAUT CORP filed this DEF 14A on 08/25/1998.
=================================
COMPENSATION OF DIRECTORS
The Company currently does not pay or accrue salaries or consulting fees to
outside directors for each board or committee meeting attended. While it is the
Company's intention to establish such payments eventually, it does not
anticipate doing so in the foreseeable future. Any payments when implemented
will be comparable to those made by companies of similar size and developmental
stage. The Company also has adopted an Omnibus Stock Incentive Plan in which
directors are eligible to participate and the Company may use stock options to
reward. See "Omnibus Stock Incentive Plan." Steven A. Newman, Andrew Heller,
and Jacques Rebibo have entered into consulting agreements with the Company.
See "Business -- Employees and Consultants."
XYBERNAUT CORP filed this 10KSB40 on 03/31/1998.
==================================
INSIDER TITLE TRANS TYPE FILING DATE PROPOSED SHARES MKTVAL($)
REBIBO JACQUES UT 144 01/30/00 25,000 $103,900
REBIBO JACQUES UT 144 01/01/00 120,000 $588,720
SALTZMAN STUART UT 144 12/31/99 10,000 $42,500
HEYBRORK DEREK UT 144 09/03/99 500 $688
HEYBRORK CARL UT 144 09/03/99 500 $688
CPR - USA INC UT 144 06/22/99 80,515 $271,738
LIBERTY VIEW PLUS FUND UT 144 06/22/99 23,162 $71,802
CPR - USA INC UT 144 05/26/99 80,515 $261,675
COHEN MARTIN M SH 144 11/05/98 20,000 $100,624
MORTGAGE INVESTMENT CORP UT 144 08/28/98 17,500 $72,188
WILLIAMS JOHN W AF 144 08/03/98 10,000 $50,000
COHEN MARTIN M SH 144 07/24/98 20,000 $108,124
OLIVET GERALD J UT 144 07/20/98 10,000 $57,500
REBIBO MICHAEL UT 144 07/20/98 1,000 $5,860
NIDUS ENTERPRISES CO INC UT 144 07/19/98 235,000 $1.40M
COHEN MARTIN M UT 144 07/17/98 20,000 $115,000
insiderscores.com
=============================
Here is what the CFO said on the corporate run Yahoo club
He was asked this question:
============
JM-RE:Jacques Rebibo geopolice
3/30/00 5:19 pm
I'm a bit confused about Rebibo's relationship with Xybernaut. Yahoo shows that he planned to sell 120,000 shares of Xybernaut on Jan 1, 2000.
messages.clubs.yahoo.com
======================
I am not sure what the source of your confusion is.
He applied for a 144 to sell stock he had purchased privately at least one year prior to the filing date.
Regards,
John
messages.clubs.yahoo.com
============================
Later he made this remark??.still nothing on the him being a Director
-------------
aka: Jacques Rebibo john_moynahan
(42/M/Fairfax, VA) 3/31/00 11:55 am
As stated in the press release, Jacques is the Chairman and CEO of Selfware.
He filed a 144 in December or January to sell shares he received in a private placement before the IPO.
Regards,
John
messages.clubs.yahoo.com
You figure it out, I am afraid my opinion is a bit negative towards all this, and I want to be PC on Friday. |
