Insiders buying at Element Lifestyle Retirem (ELM)

Insiders buying at Element Lifestyle Retirem (V:ELM)

Updated Wednesday Dec 05, 2018 02:14 AM EDT
Bo Jun Diao, a Senior Officer and Director, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.200 through a private transaction on November 30th, 2018. The insider also acquired 1,000,000 Common Shares on an indirect ownership basis for registered holder Royal West Pacific Holdings Inc. at a price of $0.200 through a private transaction on November 30th, 2018. This represents a $400,000 investment into the company's shares and an account share holdings change of greater than 100%.

Don H.C. Ho, a Senior Officer, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.200 through a private transaction on November 30th, 2018. This represents a $200,000 investment into the company's shares and an account share holdings change of 90.9%.

Element Lifestyle Retirem is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Element Lifestyle Retirement Inc., formerly Sonoma Resources Inc., provides specialized development expertise and management services for senior retirement communities. The Company is a management company that arranges the administration, operation and financing of retirement communities and facilities. The Company is involved in all aspects of the design, development, marketing, management and ownership of senior residences. The Company offers Independent Living Lifestyle, which is designed to meet the needs of seniors living independently and want the freedom and privacy of their own separate suite, along with the security, comfort and social activities of a Seniors Residence. The Company's Assisted Living Lifestyle is designed to meet the needs of seniors seeking housing with supportive care and services, including assistance with daily activities. Its Complex Care (Memory Care) serves seniors with chronic debilitating medical conditions, such as Alzheimer and Parkinson's disease.


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