Basanite, Inc.
US ˙ OTCPK

Introduction

This page provides a comprehensive analysis of the known insider trading history of Edward A Cespedes. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

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Companies with Reported Insider Positions

The SEC filings indicate Edward A Cespedes has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:PAYM / PayMeOn, Inc. 13,996,892
US:TGLO / theglobe.com, inc. 55,652,488
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Edward A Cespedes. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases BASA / Basanite, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BASA / Basanite, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2018-01-12 PAYM CESPEDES EDWARD A 700 0.5450 700 0.5450 382 0 0.6000 39 10.24
2018-01-12 PAYM CESPEDES EDWARD A 400 0.5500 400 0.5500 220
2018-01-12 PAYM CESPEDES EDWARD A 100 0.6000 100 0.6000 60
2018-01-05 PAYM CESPEDES EDWARD A 1,000 0.4980 1,000 0.4980 498
2018-01-05 PAYM CESPEDES EDWARD A 100 0.4990 100 0.4990 50
2017-12-22 PAYM CESPEDES EDWARD A 200 0.5189 200 0.5189 104
2017-12-21 PAYM CESPEDES EDWARD A 500 0.5200 500 0.5200 260
2017-11-16 PAYM CESPEDES EDWARD A 500 0.3090 500 0.3090 154
2017-05-31 PAYM CESPEDES EDWARD A 5,500 0.3110 5,500 0.3110 1,710
2017-05-31 PAYM CESPEDES EDWARD A 5,500 0.3110 5,500 0.3110 1,710
2017-05-04 PAYM CESPEDES EDWARD A 200 0.5900 200 0.5900 118
2017-05-04 PAYM CESPEDES EDWARD A 200 0.5900 200 0.5900 118
2017-05-04 PAYM CESPEDES EDWARD A 200 0.5000 200 0.5000 100
2017-05-03 PAYM CESPEDES EDWARD A 200 0.4670 200 0.4670 93
2017-05-03 PAYM CESPEDES EDWARD A 200 0.4500 200 0.4500 90
2017-05-03 PAYM CESPEDES EDWARD A 200 0.4500 200 0.4500 90
2017-04-28 PAYM CESPEDES EDWARD A 1,000 0.5500 1,000 0.5500 550
2017-04-28 PAYM CESPEDES EDWARD A 1,000 0.5000 1,000 0.5000 500
2017-04-28 PAYM CESPEDES EDWARD A 1,000 0.5230 1,000 0.5230 523
2017-04-28 PAYM CESPEDES EDWARD A 500 0.4800 500 0.4800 240
2017-03-30 PAYM CESPEDES EDWARD A 500 0.5060 500 0.5060 253
2017-02-23 PAYM CESPEDES EDWARD A 500 0.0475 500 0.0475 24
2017-02-23 PAYM CESPEDES EDWARD A 100 0.5700 100 0.5700 57
2017-02-23 PAYM CESPEDES EDWARD A 100 0.5580 100 0.5580 56
2017-02-21 PAYM CESPEDES EDWARD A 1,000 0.4050 1,000 0.4050 405
2017-02-21 PAYM CESPEDES EDWARD A 200 0.3950 200 0.3950 79
2017-02-21 PAYM CESPEDES EDWARD A 200 0.3950 200 0.3950 79
2017-02-21 PAYM CESPEDES EDWARD A 2,750 0.5000 2,750 0.5000 1,375
2016-02-02 PAYM CESPEDES EDWARD A 994,421 0.2000 994,421 0.2000 198,884
2014-06-17 PAYM CESPEDES EDWARD A 725,000 0.1000 725,000 0.1000 72,500

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

BASA / Basanite, Inc. Insider Trades
Insider Sales BASA / Basanite, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BASA / Basanite, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

BASA / Basanite, Inc. Insider Trades
Insider Purchases TGLO / theglobe.com, inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BASA / Basanite, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

TGLO / theglobe.com, inc. Insider Trades
Insider Sales TGLO / theglobe.com, inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BASA / Basanite, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

TGLO / theglobe.com, inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Edward A Cespedes as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2018-07-19 2018-03-15 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 250 13,996,892 0.00 0.40 100 5,597,357
2018-07-19 2018-03-15 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 250 13,996,642 0.00 0.40 100 5,598,657
2018-07-19 2018-03-08 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 13,996,392 0.00 0.42 84 5,863,089
2018-07-19 2018-03-07 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 13,996,192 0.00 0.45 224 6,270,294
2018-07-19 2018-02-26 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 13,995,692 0.00 0.44 220 6,158,104
2018-07-19 2018-02-23 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 13,995,192 0.00 0.50 249 6,969,606
2018-07-19 2018-02-07 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 13,994,692 0.00 0.37 185 5,178,036
2018-07-19 2018-02-02 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 1,000 13,994,192 0.01 0.50 499 6,983,102
2018-07-19 2017-05-31 4/A PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 5,500 14,089,692 0.04 0.31 1,710 4,381,894
2018-01-23 2018-01-23 4 PAYM PayMeOn, Inc.
Common Stock 		G - Gift -20,000 13,987,692 -0.14
2018-01-23 2018-01-23 4 PAYM PayMeOn, Inc.
Common Stock 		G - Gift -30,000 14,007,692 -0.21
2018-01-23 2018-01-12 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 100 14,037,692 0.00 0.60 60 8,422,615
2018-01-23 2018-01-12 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 400 14,037,592 0.00 0.55 220 7,720,676
2018-01-23 2018-01-12 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 700 14,037,192 0.00 0.54 382 7,650,270
2018-01-23 2018-01-05 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 100 14,036,492 0.00 0.50 50 7,004,210
2018-01-23 2018-01-05 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 1,000 14,036,392 0.01 0.50 498 6,990,123
2017-12-26 2017-12-22 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,035,392 0.00 0.52 104 7,282,965
2017-12-26 2017-12-21 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 14,035,192 0.00 0.52 260 7,298,300
2017-12-26 2017-12-04 4 PAYM PayMeOn, Inc.
Common Stock 		G - Gift -10,000 14,034,692 -0.07
2017-12-26 2017-12-04 4 PAYM PayMeOn, Inc.
Common Stock 		G - Gift -40,000 14,044,692 -0.28
2017-12-26 2017-11-16 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 14,084,692 0.00 0.31 154 4,352,170
2017-11-16 2017-05-31 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 5,500 14,084,192 0.04 0.31 1,710 4,380,184
2017-05-05 2017-05-04 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,084,192 0.00 0.50 100 7,042,096
2017-05-05 2017-05-04 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,083,992 0.00 0.59 118 8,309,555
2017-05-05 2017-05-04 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,083,992 0.00 0.59 118 8,309,555
2017-05-05 2017-05-03 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,083,592 0.00 0.45 90 6,337,616
2017-05-05 2017-05-03 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,083,592 0.00 0.45 90 6,337,616
2017-05-05 2017-05-03 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,083,192 0.00 0.47 93 6,576,851
2017-05-05 2017-04-28 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 14,082,992 0.00 0.48 240 6,759,836
2017-05-05 2017-04-28 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 1,000 14,082,492 0.01 0.52 523 7,365,143
2017-05-05 2017-04-28 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 1,000 14,081,492 0.01 0.50 500 7,040,746
2017-05-05 2017-04-28 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 1,000 14,080,492 0.01 0.55 550 7,744,271
2017-05-05 2017-03-30 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 14,079,492 0.00 0.51 253 7,124,223
2017-03-06 2017-02-23 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 100 14,078,992 0.00 0.56 56 7,856,078
2017-03-06 2017-02-23 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 100 14,078,892 0.00 0.57 57 8,024,968
2017-03-06 2017-02-23 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 500 14,078,792 0.00 0.05 24 668,743
2017-03-06 2017-02-21 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 2,750 14,078,292 0.02 0.50 1,375 7,039,146
2017-03-06 2017-02-21 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,075,542 0.00 0.40 79 5,559,839
2017-03-06 2017-02-21 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 200 14,075,542 0.00 0.40 79 5,559,839
2017-03-06 2017-02-21 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 1,000 14,075,142 0.01 0.40 405 5,700,433
2017-03-06 2017-02-21 4 PAYM PayMeOn, Inc.
Common Stock 		J - Other 11,250,000 14,074,142 398.35 0.50 5,625,000 7,037,071
2016-12-28 2016-12-24 4 PAYM PayMeOn, Inc.
Common Stock 		G - Gift -40,000 2,824,142 -1.40
2016-03-02 2016-02-29 4 PAYM PayMeOn, Inc.
Common Stock Purchase Option 		A - Award 1,000,000 1,000,000
2016-02-05 2016-02-02 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 994,421 1,864,142 114.34 0.20 198,884 372,828
2014-06-18 2014-06-17 4 PAYM PayMeOn, Inc.
Common Stock 		P - Purchase 725,000 869,721 500.96 0.10 72,500 86,972
2014-01-07 2013-10-16 5 PAYM PayMeOn, Inc.
Common Stock 		L - Other 1,450 144,721 1.01
2013-06-27 2013-06-25 4 PAYM PayMeOn, Inc.
Common Stock 		G - Gift -7,500 143,271 -4.97
2012-01-04 2011-12-30 4 MMAX MMAX MEDIA, INC.
Common Stock 		G - Gift -100,000 10,403,117 -0.95
2004-09-13 3 TGLO THEGLOBE COM INC
Common Stock 		55,652,488
2004-09-13 3 TGLO THEGLOBE COM INC
Common Stock 		13,597,377
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)