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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?


To: Charles Salski who wrote (2832)1/29/1999 3:46:00 PM
From: Mike C2  Read Replies (1) | Respond to of 3458
 
thanx, now re. insider trading

Charles, when this was an issue for me in the middle of last spring,I spoke
with Mark White. My recollection is that there are planned sales on a quarterly
basis by Pacific Baja principals and insiders.

The reason for this has to do with deferring capital gains out over time and
not taking a big tax hit after the sale to TRBD. I believe that the names below
are all part of this process. not sure of the others, but you might explore old
SEC docs on Edgar to learn the names of the other Baja folk.

28-Jul-98 BALABANIAN MUGERDISH Planned Sale (144) 100,000 Common - $1,568,000
28-Jul-98 JOYCE FAMILY TRUST Planned Sale (144) 87,615 Common - $481,250
28-Jul-98 JOYCE MICHAEL J Planned Sale (144) 50,000 Common - $481,250
28-Jul-98 RENBERG LENNART Planned Sale (144) 187,615 Common - $1,805,794

I don't have the answer to your Q re. the ALD's new turbocharger?

good luck