James Ernest Stevenson, Insider at SUMOTEXT, inc. (SMXI.OB), sold 1,640,520 shares at $0.05 ($84K) on 2010-09-23, disclosed to the SEC on 2010-09-30.
Open-market sale of $84k SMXI.OB by Insider. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.78 | 1,000 | $780 | 0.9% |
| 2 | $0.64 | 150 | $96 | 0.1% |
| 3 | $0.78 | 2,000 | $2K | 1.9% |
| 4 | $0.05 | 1,562,722 | $78K | 92.7% |
| 5 | $0.05 | 74,648 | $4K | 4.4% |
| Total | $0.05 avg | 1,640,520 |
| $84K |
| 100% |