Ecologic Transportation, Inc. (EGCT) Director Acquires Quarter Million Shares of Company
Through a Form 4 filed with the SEC, it was announced that Director John L. Ogden more than doubled his ownership position in Ecologic Transportation from 220,834 shares to 487,500 shares. Because insiders have exclusive information and a deep understanding of the company and/or industry, investors often take special note when insiders acquire or sell shares. John L. Ogden has accumulated three decades of experience in energy corporate finance, international negotiations, corporate and asset acquisition, business development and energy company management. Following his qualification as a barrister-at-law in England, he worked with a firm in Edinburgh, Scotland, where he provided…