Todd W. Nugent, Director at MAGIC MEDIA NETWORKS INC (MGCN), sold 100,000 shares at $0.11 ($20K) on 2005-04-22, disclosed to the SEC on 2006-12-22.
Open-market sale of $20k MGCN by Director. 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 | $0.14 | 4,000 | $560 | 2.9% |
| 2 | $0.14 | 6,000 | $840 | 4.3% |
| 3 | $0.14 | 5,000 | $700 | 3.6% |
| 4 | $0.11 | 10,000 | $1K | 5.6% |
| 5 | $0.12 | 10,000 | $1K | 6.1% |
| 6 | $0.12 | 10,000 |
| $1K |
| 6.1% |
| 7 | $0.11 | 1,000 | $110 | 0.6% |
| 8 | $0.11 | 4,000 | $440 | 2.3% |
| 9 | $0.24 | 10,000 | $2K | 12.3% |
| 10 | $0.27 | 10,000 | $3K | 13.8% |
| 11 | $0.26 | 5,000 | $1K | 6.6% |
| 12 | $0.28 | 25,000 | $7K | 35.8% |
| Total | $0.20 avg | 100,000 | $20K | 100% |