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Non-Tech : Am.United Global, Inc. (AUGI) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Paul Langley who wrote (1570)12/29/1997 12:02:00 PM
From: Michael Paul Langley  Read Replies (1) | Respond to of 2065
 
As of the week ended December 19,1997 A form 144 was filed with the intent to sell AUGI 250,000 shares at $1.75 per share ($437,500). Info found at insidertrader.com

sale Form 144:
The U.S. Securities Exchange Commission document filed by holders of restricted securities to give notice of their intent to sell. Securities may be restricted under terms of an initial public offering, a venture capital investment, or stock-option compensation, among other things. Sales of shares typically occur soon after a Form 144 is filed.

Not all filers of Form 144s are "insiders" as defined by the SEC. But if the seller of the restricted stock is an insider, you will likely see a Form 4 the following month. Form 144s are therefore a harbinger of activity for Form 4 sales.



To: Michael Paul Langley who wrote (1570)12/30/1997 3:37:00 PM
From: Kathrine S.  Read Replies (1) | Respond to of 2065
 
Michael, No, I don't think I did receive AUGI Annual Report. But I'll have to double check. I was out of town for a couple of weeks, and have been extremely busy since returning, so it's possible the report is sitting in my stack of unread mail. AUGI sure has been an incredible disappointment. It seemed to have alot of potential, but I think bad management has really hurt it. I would love to see shareholders demand Rubin's resignation at the meeting in January. We shall see. At the end of '98 I'll either be glad I held this one through thick and thin or I'll have a good tax write-off.

Regards.
Kathy