10% owner Marilyn S. Kane sold 36,450 shares for $174,960, reducing holdings by 99.2% from 33,854 to 281 shares.
Marilyn S. Kane, a 10% owner, executed two separate sales totaling 36,450 shares for $174,960.00 at $4.80 per share on 2024-10-23 and 2025-02-03, while making a small concurrent purchase of 2,877 shares at $2.25. The net effect is a reduction of 33,573 shares, representing a -99.2% decrease in her holdings from 33,854 to 281 shares. This near-complete liquidation occurs in a company with severely depressed fundamentals: annual revenue growth of -93.8%, latest quarterly revenue of $49,773.00, a net loss of $-627,264.00, and a market cap of only $67,653.70. The combination of a majority shareholder divesting virtually her entire position while the company faces severe revenue contraction and ongoing losses suggests a material shift in her stake in the enterprise.