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Microcap & Penny Stocks : DCH Technologies (DCH) -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (1034)	4/11/1999 11:14:00 AM
From: Sawdusty	Read Replies (1) \| Respond to of 2513

Looks like we have the answer here Francois, courtesy of Zekel on RB, post #3434: """By the way, if anyone wanted to know how much rent DCHT is paying, check the insider trading filings of the Socoloske, who are allegedly the Landlords: in round figures, $637,000 in about 9 months." -- this is a false statement, Saul Socoloske was once one of the principals of the company and was paid many shares (about 9% of the outstanding if I recall correctly) in addition to being granted shares for other family members (it is unclear as to how these shares were transferred -- either directly from the company, or as a gift/loan from Saul to his family members) as salary. Part of his job responsibilities was arranging for acquiring the new facilities. He is not getting "paid shares for rent" as you imply. Saul and family have made numerous "planned 144" sales over the last year since leaving the company. No one has shown any proof that he has in fact sold these shares, but one can assume (i.e. speculate) from the trading activities since last July that these have been sold off on a regular basis. It is a risk that certainly one needs to consider when owning this stock. "" Now the obvious questions are: Do they rent or own? If they rent, is it paid by cash or shares? I guess we will have to wait for the financials. Regards, Dan