FTSP Lode-Star Mining Inc. Insider Trading

10% owner Mark Walmesley bought 1,357,158 shares of LSMG at $0.12 for $169,644.75; stock currently $0.01.

Mark Walmesley, a 10% owner of Lode-Star Mining Inc., purchased 1,357,158 shares at $0.12 on 2025-02-18, increasing his holdings from 97,829,918 to 99,187,076 shares. The transaction value was $169,644.75. The company has zero revenue in its latest quarter, negative net income of -$12,285.00, and a market capitalization of $1,209,374.42. Since the stock is currently trading at $0.01—eight times below the transaction price—the purchase appears significantly underwater. The stock was listed only 15 trading days prior to this filing, and the company remains unprofitable over its most recent full fiscal year. This acquisition by an insider with substantial existing holdings occurs during a period of severe price decline and material operational challenges.

President Mark Walmesley buys 100,000 shares of LSMG at $0.00 on 2024-12-20; company unprofitable with $-12.3K quarterly net income.

Mark Walmesley, President of Lode-Star Mining Inc., purchased 100,000 shares at $0.00 on 2024-12-20, increasing his holdings to 8.71M shares (8,710,545 shares post-transaction). The transaction occurred 12 trading days after the company's recent listing, when the stock price remains $0.00 and fundamental metrics show significant weakness: the company reported $0.00 revenue in its latest quarter and net income of $-12.3K. The minimal transaction value of $300.00 combined with the trivial share price and negative profitability limits the signal strength of this acquisition. Without disclosed context around the structure or motivation, this transaction provides limited actionable insight into management's conviction in the business trajectory.