Friday, January 2, 2009

Large private acquisition of CMM shares and Warrants by PK & RB

(posted on SEDI)

1) 11,500,000 shares @ 1.5 cents

2) 6,000,000 warrants

The key here is the exercise price for the warrants is $.75 (Oct. 24, 2010)

3 comments:

production05 said...

My guess is that the New York investor, from the Sept'07 financing, was interested in taking a huge tax selling loss in 2008.

The purchase by PK and RB perhaps suggest that they are anticipating there are no issues with the Fortis financing, and thus perhaps are feeling good that approval will be gained.

roxy14 said...

Hey production
Lost your e-mail. Could you re-send
it to me through a pm on stockhouse.
My alias there is the same as here.

roxy14 said...

By the way , their are on canadian
insider now.

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Dec 31/08 Dec 26/08 Kent, Margaret Meri Indirect Ownership Warrants on p/plmt 11 - Acquisition carried out privately 6,000,000
Dec 31/08 Oct 02/03 Kent, Margaret Meri Indirect Ownership Warrants on p/plmt 00 - Opening Balance-Initial SEDI Report
Dec 31/08 Dec 26/08 Kent, Margaret Meri Indirect Ownership Common Shares 11 - Acquisition carried out privately 11,500,000 $0.015
Dec 31/08 Dec 26/08 Burns, Ross Fredrich Indirect Ownership Warrants warrants on p/plmt 11 - Acquisition carried out privately 6,000,000
Dec 31/08 Oct 08/03 Burns, Ross Fredrich Indirect Ownership Warrants warrants on p/plmt 00 - Opening Balance-Initial SEDI Report
Dec 31/08 Dec 26/08 Burns, Ross Fredrich Indirect Ownership Common Shares 11 - Acquisition carried out privately 11,500,000 $0.015
Dec 09/08 Dec 08/08 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.030
Dec 09/08 Dec 05/08 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 171,000 $0.020
Dec 09/08 Dec 04/08 Kent, Margaret Meri Indirect Ownership Common Shares 10 - Acquisition in the public market 381,000 $0.020
Dec 09/08 Dec 08/08 Burns, Ross Fredrich Indirect Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.030