Omnitek Engineering Corp. (OMTK) insider have most recently took part in a trading activity. On Aug 30, 2017 Maier Gary S, Director bought 10,000 shares having total worth of $800 at the price of $0.08 per share, following the transaction a total of 80,500 shares owned by Maier Gary S. Before this latest buy, Maier Gary S purchased OMTK at 7 other times during the past twelve months, for a total investment of $7,705 at an average of $0.23 per share.
The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 11 times by insiders. an employee of the company was the buyer in 11 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
OmniTek Engineering Corp, a California Corporation, began operations on October 10, 2001, and was a spin-off from Nology Engineering, Inc., a manufacturer in the automotive aftermarket parts industry and the developer/manufacturer of the patented “HotWires” spark plug wires. The Company develops and sells proprietary diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines. The Company’s products are available for both stationary applications (generator sets) and the global truck and bus markets, including light commercial vehicles, minibuses, heavy-duty trucks and municipal buses. Omnitek sells three main products at this time; a conversion kit for converting rich-burn natural gas engines to lean-burn; a conversion kit for converting diesel engines to run on natural gas; and new complete natural gas engines. The Company offers conversion kits which convert rich burning natural gas engines to lean burning natural gas engines. The company offers a solution to convert any diesel engine to operate on natural gas. In addition to the Conversion Kits, the Company also sells the individual component replacement parts for the conversion kits.
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