Zhibin Wang, 10% Owner at Orsus Xelent Technologies Inc (ORS), sold 5,925,000 shares at $0.65 ($3.9M) on 2009-09-10, disclosed to the SEC on 2009-09-10.
Open-market sale of $3.9M ORS by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.65 | 75,000 | $49K | 1.3% |
| 2 | $0.65 | 200,000 | $130K | 3.4% |
| 3 | $0.65 | 850,000 | $553K | 14.3% |
| 4 | $0.65 | 900,000 | $585K | 15.2% |
| 5 | $0.65 | 1,200,000 | $780K | 20.3% |
| 6 | $0.65 | 1,300,000 |
| $845K |
| 21.9% |
| 7 | $0.65 | 1,400,000 | $910K | 23.6% |
| Total | $0.65 avg | 5,925,000 | $3.9M | 100% |