Corp Us Counsel, 10% Owner at C2 Global Technologies Inc (COBT.OB), sold 13,428,492 shares at $0.40 ($5.4M) on 2006-12-29, disclosed to the SEC on 2007-01-03.
Open-market sale of $5.4M COBT.OB 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.