Sam J. Messina III, C.F.O, 10% Owner at Minerco Resources, Inc. (MINE.OB), bought 6,675,000 shares at $2.68 ($19.6M) on 2011-10-28, disclosed to the SEC on 2011-10-31.
Open-market purchase of $19.6M MINE.OB by C.F.O, 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.68 | 3,175,000 | $8.5M | 43.4% |
| 2 | $3.17 | 3,500,000 | $11.1M | 56.6% |
| Total | $2.94 avg | 6,675,000 | $19.6M | 100% |