Op ymb word hij betitteld als dom maar als ik het onderste lees heeft hij 4.000.000 stukken in handen. Ook nog een kleine 6.000.000 kasgeld om dus 6.000.000 stukken op te kopen, tegen een nu niet al te hoge koers. Wie is er nu dom?
Pegasus Cancels $10 Million Private Placement Agreement With CEO
FREMONT, Calif. (AP) -- Wireless communications equipment maker Pegasus Wireless Corp. said Wednesday it canceled a previously announced plan to sell its stock to chief executive Jasper Knabb.
Under the agreement, announced in June, Knabb was expected to buy $10 million in Pegasus shares. At the time, the company planned to use the proceeds for a transaction that never came to fruition.
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Pegasus said it has sold Knabb 379,625 shares of common stock at $8 per share for an aggregate of $3.04 million with money he had placed in an escrow account. Knabb cannot sell those shares for five years.
The balance of the private placement has been canceled, but some of the money raised was used to hire sales and marketing staff. The remaining $6.96 million in the escrow account is being returned to Knabb, according to Pegasus.
Knabb has invested more than $16.5 million since May 2005, and he currently holds about 4 million shares.
Shares of Pegasus were unchanged in Wednesday's trading at $1.07 on the Nasdaq.