Kenneth Waggoner, EVP Legal, Genl Counsel & Secretary at VelaTel Global Communications, Inc. (VELA), sold 250,000 shares at $0.01 ($3K) on 2012-07-16, disclosed to the SEC on 2012-07-18.
Open-market sale of $2k VELA by EVP Legal, Genl Counsel & Secretary. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.01 | 5,000 | $50 | 2.0% |
| 2 | $0.01 | 245,000 | $2K | 98.0% |
| Total | $0.01 avg | 250,000 | $3K | 100% |
| Filing → |
| VELA | SELL | 2012-03-23 | $20K | — | Filing → |
| CHTL | SELL | 2010-10-21 | $9K | — | Filing → |
| CHTL | SELL | 2010-03-31 | $15K | — | Filing → |