pennystockhaven
  • Facebook
  • Twitter
  • Youtube
  • Rss
Day-Trading Penny Stocks
  • Home
  • Services
  • Contact Us
Home» Stock Market News » CEO of CAMAC Energy (CAK): Strong Confidence in the Company

CEO of CAMAC Energy (CAK): Strong Confidence in the Company

Posted on November 19, 2012 by PennyStockHaven in Stock Market News - No Comments
penny markets CAK logo

CAMAC Energy Inc. (NYSE CAK) today announced that the Company’s Chairman and CEO, Dr. Kase Lawal, has adopted a prearranged trading plan in accordance with guidelines specified by Rule 10b5-1. Dr. Lawal will purchase up to 2 million shares of the Company’s common stock from time to time on the open market starting from November 19, 2012 and continuing through February 2013.


A rule established by the Securities Exchange Commission (SEC) that allows insiders of publicly traded corporations to set up a trading plan for selling stocks they own. Rule 10b5-1 allows major holders to sell a predetermined number of shares at a predetermined time. 10b5-1 plans are used by many corporate executives in an attempt to avoid accusations of insider trading.

We are Waiting for the first public disclosure through CAK’s Form 4 filings.

penny markets CAK logoCAMAC Energy Inc.
1330 Post Oak Boulevard
Suite 2250
Houston, TX 77056
Tel: 713-797-2940
Fax: 713-797-2990

CAMAC Energy Inc. (CAK) is a U.S.-based energy company engaged in the exploration, development, production and distribution of oil and gas. The Company focuses on early cash flow and high-return global energy projects and currently has operations in Nigeria. The Company’s principal assets include interests in the Oyo Oilfield, an offshore oil asset in deepwater Nigeria that started production in December 2009.

CAK

Search

Real Time Alerts:

Tweets by @PennyStockHaven

Updates

  • ReWalk Robotics (RWLK): Yesterday, Today and Tomorrow

    June 8, 2019
  • Amyris, Inc. (AMRS): How to Mislead Investors

    April 21, 2019
  • ADMA Biologics, Inc. (ADMA): Offering is Imminent

    April 11, 2019
  • Proteostasis Therapeutics (PTI): Market Overreaction

    March 26, 2019
  • Dynagas LNG Partners LP (NYSE: DLNG) Coming Off Of Bottom

    February 1, 2019
  • Histogenics Corporation (HSGX) market: only upside from these levels

    September 5, 2018
  • Quantum Corp. (QTM): Appointed Jamie Lerner as Chief Executive Officer and President

    June 26, 2018
  • FuelCell Energy (NASDAQ:FCEL) A picture is worth a thousand words

    June 22, 2018
  • Light Engine Design Corp (TLED): 50% gain into your pocket

    November 7, 2017
  • This Oil Company Is Poised For A Huge Run

    October 24, 2017
  • Curis, Inc. (CRIS) – Alert is still in Effect

    October 11, 2017
  • Curis, Inc. (CRIS) – Volume Alert (Technical Play)

    October 4, 2017
    Micro & Small Cap Stocks

    * required

    *



    *



     
    Remember, if you’re not fully satisfied with our service, you can always opt-out of receiving our newsletter. We don’t spam and we’ll never sell your email to anyone else. We respect our subscribers’ privacy.

    Site

    • Home
    • Services
    • Contact Us
    • About Us
    • Privacy Policy
    • Terms of Use
    • Disclaimer
    • Publishers

    Financial Network

    Yahoo Finance
    Reuters
    The Motley Fool
    WSJ
    CNBC
    Business Week
    The Street
    Bloomberg

    psh sloganYour Everything Penny Stocks Resource



    Copyright © 2021 PennyStockHaven.com. All Rights Reserved