So this sale, his proceeds are $90,000 figure (bef

So this sale, his proceeds are $90,000 figure (before tax).
Take home, long term - $75,000

That doesn't scream I'm bailing, it tells me he's probably dumped a lot of money (personal) into this company as well as taken spending money.

Let's add up the last sales Bill has done the last 3 months:

Total Proposed Sales (Shares)

Last 3 144 Filings Proposed Sales
CHARBAN, BAHIJE (BILL) 1,762,049
CHAABAN, BAHJE (BILL) 12,059,177
CHAABAN, BAHJE (BILL) 5,364,999


Figure Average price of .056/share (cant see actual 144):
19,186,225 * .055 = after tax take home (taxed as long term) of $1,055,242.38

Can you live on 1mil dollars for 3 months while invest it into business? I'm sure's he's dumped in some for prop/plant/equip. and other business expenses, in all reality the investors have.

So, figure he now has $100,000 - 500,000 in the bank for personal expenses for a while. I don't think this is too excessive for now.

Doesn't scream run!

We'll see what the future brings. Thanks for the website for insider info., is this the most timely one?