SSS 3.92% 4.9¢ sam's seafood holdings limited

sss director dumps on market

  1. 11,407 Posts.
    Director gets 20 million SSS 1c options

    Director converts these 20 million SSS options to 20million SSS shares (costs him $200,000)

    Director dumps 5 million shares on the market and gets $247,600

    Profit = $47,6000 and still has 15,000,000 shares to dump on market when he likes for another potential $600,000 profit.

    Not bad hey.

    I thought you SSS believers said SSS is a totally new company, and the old SSS people have gone.

    The director above making a tidy profit from you buying his shares is still around.

    Thats one director only.

    Seems there is a lot more of these going around.

    Over 1 billion shares already on issue for a brand spanking new company born from a bankrupt company who failed at selling dead fish.

    But hey....they're a mining company now....should be fine...the sky is the limit yeah....going to the mooooooon!!!!

    A bit of google searching on the directors will enlighten SSS believers to the background, history here.

    Dont trust me.....dig a little.

    or Dump
    Director Dump



    http://www.delisted.com.au/Company/7275/SAM

 
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Currently unlisted public company.

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