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gnulaw (51.12)

SEC RULE 10b5-1, SourceForge (LNUX)'s Morris (CFO)s July 1 SELL, and [delayed?] Q2 Ending June 30 Announcement

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July 15, 2009 – Comments (7) | RELATED TICKERS: IACI , BBY , IBM

 

* SEC Rule 10b5-1 (SourceForge Insiders' Trading Window) 

Do Kauffman (and Morris, CFO) realize that Morris' (and Sobel's) July 1 SELL order(s) could be interpreted as having been executed during SourceForge's closed trading window * and are delaying the Q2 ending June 30 announcement accordingly?...the tail wagging the dog?...smoking gun? Again, SourceForge, historically would have already made this earnings announcement and scheduled it for/by Thursday 30 July after the closing bell. Is Kauffman trying to buying time? And for what reason? 

 

 

     

7 Comments – Post Your Own

#1) On July 15, 2009 at 11:22 AM, gnulaw (51.12) wrote:

SEC Rule 10b5-1   http://library.findlaw.com/2000/Aug/1/128953.html

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#2) On July 15, 2009 at 11:47 AM, gnulaw (51.12) wrote:

 

 

My apologies for the missing hyperlinks with the last two Blog posts.

Fool.com has confirmed this is a bug and are investigating.

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#3) On July 15, 2009 at 12:51 PM, gnulaw (51.12) wrote:

[UPDATE1] [with hyperlinks] SourceForge [Non-Insider] Shareholder News 

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#4) On July 16, 2009 at 8:16 AM, gnulaw (51.12) wrote:

Note: This is in light of NASDAQ:LNUXs change in their fiscal year from July 31st to December 31st. 

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#5) On July 16, 2009 at 5:09 PM, gnulaw (51.12) wrote:

SourceForge, Inc. Sets Second Quarter of 2009 Financial Results Release Date

SourceForge, Inc (NASDAQ:LNUX)...today announced that it will report its financial results for the second quarter of 2009 ended June 30, 2009 on Thursday, July 30, 2009, after the close of market. A conference call will be held that day at 2:00pm PT or 5:00pm ET

A live audio web cast link will be made available in the Investor Relations section of the company's corporate web site at http://ir.corp.sourceforge.com.

Source: 16 July 2009 4:30 PM ET http://finance.yahoo.com/news/SourceForge-Inc-Sets-Second-prnews-1605309844.html?x=0&.v=1

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#6) On August 02, 2009 at 9:45 AM, gnulaw (51.12) wrote:

Note: AS A MATTER OF RECORD SourceForge announced "...SourceForge, Inc. Sets Second Quarter of 2009 Financial Results Release Date..." on July 16rh, the day following this post. And of further significance and arguably coincidence the morning after general counsel for SourceForge was notified of this situation.

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#7) On August 03, 2009 at 10:29 PM, gnulaw (51.12) wrote:

Did Morris dump because she knew? she was about to receive a 75,000 share stock option 30 days later?

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