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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?


To: David in Ontario who wrote (548)6/16/1998 10:19:00 PM
From: xray  Read Replies (2) | Respond to of 2444
 
Here now:
You say

Yes - Aelicks has purchased and sold NIR this year - so?

On 15 April 1998 he held 681,000 shares of NIR
On 27 April 1998 he held 1,766,600 shares of NIR
(latest insider trade reported - 22 May)

I suspect that he may be over 2 million by now.

You don't need to suspect, the insider reports are quite clear:

11 Mar 96 bot 1 million (with warrants) at $0.10
5 Sep 97 bot 125k (ditto) at $0.20
20 Apr 98 excercised warrants, 1 million at $0.12
21 Apr 98 excerised stock options, 225k at $0.12

Aside from the 30,600 reported bot at the end of Apr, all stock (1,766,600 reported) was bot at a dime or two.

The 300k+ shares were sold at much higher prices.
Just an observation, no need to hide.