Las Vegas, NV -- (SBWIRE) -- 06/28/2013 -- New Energy Technologies Inc (OTCMKTS:NENE) has Dr. Alastair Livesey on the Board of Directors. He informed the company that he has adopted a stock trading plan according to the guidelines that are specified in Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
Under this trading plan, Dr. Livesey's 36,667 vested options were issued to him pursuant to the Incentive 2006 of the company. The stock plan may be exercised. The shares of common stock of the company that are owned by Dr. Alastair Livesey would be sold on his behalf by an independent broker after pre-specified price targets are achieved.
The trading plan was adopted on 19th June, 2013 but there would be no trades till 20th July, 2013. The plan has been adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934 which allows individuals who are not in possession of material ornon-public information at the time the plan was adopted to establish a pre-arranged plan to buy or sell Company stock.
To find out what OTCMAGIC projects for New Energy Technologies Inc for both short term and long term please click here: NENE
OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Penny Stocks!
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)