Investment Holdings Ltd Sanlam, 10% Owner at Millennium India Acquisition CO Inc. (SMCG), bought 210,085 shares at $1.30 ($273K) on 2010-03-25, disclosed to the SEC on 2010-04-09.
Open-market purchase of $273k SMCG by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.