Jeffrey M. Pollitt, President, Product Development at FONU2 Inc. (FONU), sold 11,650,000 shares at $0.03 ($394K) on 2013-08-26, disclosed to the SEC on 2013-12-18.
Open-market sale of $394k FONU by President, Product Development. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.03 | 7,250,000 | $218K | 55.3% |
| 2 | $0.04 | 2,000,000 | $80K | 20.3% |
| 3 | $0.04 | 2,400,000 | $96K | 24.4% |
| Total | $0.03 avg | 11,650,000 | $394K | 100% |