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Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?


To: Hunter Vann who wrote (2538)6/16/1998 3:31:00 PM
From: Burlitis  Respond to of 3563
 
It's interesting she's selling them. From
what i understand, she would get a much
better tax break if she gives them to
charity. I believe the charitys also
benefit if they hold the shares.
Oh well,CADE is performing perfectly
for me, i'm not going anywhere.

Alex



To: Hunter Vann who wrote (2538)6/16/1998 3:37:00 PM
From: Sal D  Read Replies (1) | Respond to of 3563
 
Hunter Vann, Molly is the widow of the founder, she owns around 5 million shares and is selling some and giving the proceeds to charity (I think only Molly knows how many she will sell). IMO she will not sell enough to put an adverse effect on the stock price.
Joe