Robert DeAngelis, President, Secretary, Treasurer, 10% Owner at Real Estate Contacts, Inc. (REAC), sold 2,232,500 shares at $0.01 ($22K) on 2013-06-18, disclosed to the SEC on 2013-06-21.
Open-market sale of $22k REAC by President, Secretary, Treasurer, 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 | $0.01 | 632,500 | $6K | 28.3% |
| 2 | $0.01 | 920,000 | $9K | 41.2% |
| 3 | $0.01 | 80,000 | $800 | 3.6% |
| 4 | $0.01 | 600,000 | $6K | 26.9% |
| Total | $0.01 avg | 2,232,500 | $22K | 100% |