Tontine Capital Overseas GP, LLC, 10% Owner at TOWER TECH HOLDINGS INC. (TWRT), bought 2,200,000 shares at $4.00 ($8.8M) on 2007-08-28, disclosed to the SEC on 2007-08-29.
Open-market purchase of $8.8M TWRT by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $4.00 | 440,000 | $1.8M | 20.0% |
| 2 | $4.00 | 1,760,000 | $7.0M | 80.0% |
| Total | $4.00 avg | 2,200,000 | $8.8M | 100% |
| Filing → |
| PATK | BUY | 2008-06-23 | $854K | — | Filing → |
| MCGL | BUY | 2007-12-04 | $20.0M | — | Filing → |