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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: who cares? who wrote (9085)8/2/2000 11:37:14 AM
From: StockDung  Respond to of 10354
 
"Tobin ain’t do too bad. He received $70,000 down payment from Momentum Asia in September 1998, $153,000 salary and housing allowance from ZSUN in 1998 and 1999. He sold 100,000 shares around $6. He gave back 725,000 shares. He is still holding 175,000 shares. Momentum Internet has continuously lost big money. If I were him, I would be very satisfied. The gullible longs picked up all the tap indirectly."

By: frisky $$$
Reply To: 24587 by Zsunshine $$$ Wednesday, 2 Aug 2000 at 11:14 AM EDT
Post # of 24599


Tobin ain’t do too bad. He received $70,000 down payment from Momentum Asia in September 1998, $153,000 salary and housing allowance from ZSUN in 1998 and 1999. He sold 100,000 shares around $6. He gave back 725,000 shares. He is still holding 175,000 shares. Momentum Internet has continuously lost big money. If I were him, I would be very satisfied. The gullible longs picked up all the tap indirectly.

ragingbull.altavista.com



To: who cares? who wrote (9085)8/2/2000 11:50:07 AM
From: StockDung  Respond to of 10354
 
" Did I read something wrong? The 10sb version 7 said Tobin/Vulcan Consultants owned 1,000,000 shares as of December 31, 1999. Tobin filed statement 144 on June 14 to sell 100,000 shares. If he is giving back 725,000 shares, he should own 175,000 shares now? If he does not, where is the last 175,000 shares? I do not think an insider can sell the original restricted shares without filing statement 144."

By: frisky $$$
Reply To: 24594 by Zsunshine $$$ Wednesday, 2 Aug 2000 at 11:46 AM EDT
Post # of 24601


Zsunshine:

Did I read something wrong? The 10sb version 7 said Tobin/Vulcan Consultants owned 1,000,000 shares as of December 31, 1999. Tobin filed statement 144 on June 14 to sell 100,000 shares. If he is giving back 725,000 shares, he should own 175,000 shares now? If he does not, where is the last 175,000 shares? I do not think an insider can sell the original restricted shares without filing statement 144.

ragingbull.altavista.com