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gnulaw (54.24)

Geeknet (LNUX): Money Never Sleeps

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May 14, 2010 – Comments (5) | RELATED TICKERS: GKNT , BBY , AMZN


Geeknet (LNUX) Money Never Sleeps ...insiders continue to give the finger to the SEC, Sarbanes-Oxley, and Corporate Governance?

Another Geeknet (LNUX) insider, Suzanne Present, Director, was issued 10,000 shares option at $.001 on May 4th during insider blackout period?* and beneficially acquires another 285,725 shares from May 10 - May 12th immediately prior to Geek.com acquisition announcement.


Q1 2010 ending March 31 Financials announced May 6th

 

Reference:


[UPDATE1] Efficient Market Hypothesis and the Implications of Non-disclosure.

 

5 Comments – Post Your Own

#1) On May 14, 2010 at 10:08 PM, gnulaw (54.24) wrote:

See Why is Yahoo! Deleting Messages* with Profound Legal Implications From Geeknet (LNUX) Message Board?

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#2) On May 14, 2010 at 10:11 PM, gnulaw (54.24) wrote:

>>"...However, SourceForge failed to disclose what esecurities_tm reported on June 25, 2008...that on "...June 12 Suzanne Present, Gladwyne Catalyst Genpar, LLC, Martin Sams Fund, et al Filed a 13D having acquired 4,607,500 shares of LNUX on the open market from 6/11 - 6/13 at an avg price of $1.36..." . 

 

This Yahoo! Finance Message Board post was deleted by Yahoo! (NASDAQ:YHOO). Undue Influence?

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#3) On May 15, 2010 at 2:07 PM, gnulaw (54.24) wrote:

Link Update: Money Never Sleeps 

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#4) On May 16, 2010 at 11:08 AM, gnulaw (54.24) wrote:

>>Geeknet (LNUX) Money Never Sleeps ...insiders continue to give the finger to the SEC, Sarbanes-Oxley, and Corporate Governance? [and their non-insider shareholders].

 

It is disturbing to observe LNUX insiders' consistent patterns of accumulating options under alleged suspicious circumstances, as cited, contemporaneous with shutting out Wall Street viz-a-viz attending Analyst Meetings and Investor Conferences, again, simply as a baseline prerequisite for any publicly-held company in maximizing shareholder value. This is textbook behavior of a 'Street' and 'Non-Insider' Shareholder hostile management.

All the non-insider shareholders want/expect of their management and insiders is to maximize shareholder while adhering to superior corporate governance.

 

 

 

 

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#5) On May 16, 2010 at 11:10 AM, gnulaw (54.24) wrote:

>>All the non-insider shareholders want/expect of their management and insiders is to maximize shareholder [value] while adhering to superior corporate governance.

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