Billy J. Coleman, Director at Independence Bancshares, Inc. (IEBS), bought 200,000 shares at $0.80 ($160K) on 2012-12-31, disclosed to the SEC on 2013-01-03.
Open-market purchase of $160k IEBS by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.80 | 32,500 | $26K | 16.3% |
| 2 | $0.80 | 167,500 | $134K | 83.8% |
| Total | $0.80 avg | 200,000 | $160K | 100% |