Megola Inc
OTC:MGON
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We don't have any information about MGON's insider trading.
Megola Inc
Glance View
Megola, Inc. is a consortium group of health technologies and service company. The company is headquartered in Bonita Springs, Florida. The company went IPO on 2002-12-12. The company has the following product lines: physical water treatment, air purification and fire safety. Megola provides environmental solutions through advanced technology and solves environmental problems. The Company’s principal product is the ScaleGuard Water treatment product line. Megola’s ScaleGuard technology conditions hard water and eliminates the scale caused by hard water in residential, commercial and industrial applications. ScaleGuard units use electromagnetic technology to condition the soften water, both preventing the ongoing build‐up of scale and eliminating scale build‐up in water delivery systems and machinery. The company has a wholly-owned subsidiary, MedCan Marijuana Inc., which is engaged in providing capital to medical marijuana related businesses.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
