Notable Insider Trading: Mill City Ventures III Ltd $MCVT

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Mill City Ventures III Ltd (OTCPK:MCVT) insider have most recently took part in a trading activity. On Nov 27, 2017 Polinsky Douglas Michael, Chairman and CEO bought 16,000 shares having total worth of $11,200 at the price of $0.7 per share, following the transaction a total of 575,558 shares owned by Polinsky Douglas Michael. Before this latest buy, Polinsky Douglas Michael purchased MCVT at 2 other times during the past twelve months, for a total investment of $3,852 at an average of $0.48 per share.

Furthermore, over the past 12 months , the stock was traded 6 times by insiders. an employee of the company was the buyer in 6 instances.

Mill City Ventures III, Ltd., formerly known as Poker Magic, Inc. was incorporated in January 2006. Until December 13, 2012, the company is a development-stage company that previously focused on promoting and placing Winner’s Pot Poker game online and into casinos and entertainment facilities nationwide, including those located in Native American tribal lands. On December 13, 2012, it filed a Form N-8A with the Securities and Exchange Commission, notifying the SEC of its intent to register as an internally managed, non-diversified, closed-end investment company under the Investment Company Act of 1940. It intend to be regulated as a business development company and to be taxed as a regulated investment company. As of December 31, 2012, it did not have an investment portfolio.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.