Menu Foods Financial Officer sold shares early

**Lizzie** · 04-10-2007, 07:20 PM

I got this from the VetPet Digest which I've found very trustworthy:

Pie Chartsglobeandmail.com: Pet food insider sold shares before recall
http://www.theglobeandmail.com/serv.../TPStory/Busine
ss

<< The chief financial officer of Menu Foods Income Fund says it's a "horrible
coincidence" that he sold nearly half his units in the troubled pet food maker
less than three weeks before a massive recall of tainted pet food.
Edit/Delete Message

Echoes of Enron?!

**Laura's Babies** · 04-10-2007, 07:46 PM

It keeps telling me the page isn't found... is that link bad or is it my ISP?

All the dirt is coming out of the closets now...

I plan to watch this and see what happens, it better be equal to or better than the scandle over what Martha Stewart did. If he had sold that on January 1, no one would have thought a thing but just as all this was coming to light is a different story. You can bet they had a hint early into it and that is why he sold that stock. To me, it shows their stock is more important than our babies!

**Lizzie** · 04-10-2007, 07:50 PM

Try this link, Laura:

http://www.theglobeandmail.com/servl...tory/Business/

I searched with Menu Foods on their home page and found it.

**DrKym** · 04-10-2007, 08:03 PM

Why does this not surprise me?

**slick** · 04-10-2007, 08:16 PM

Maybe took lessons from Mother Martha????

**Laura's Babies** · 04-10-2007, 08:37 PM

At least Martha didn't kill anybody or their pets but I immediatley thought about her when I saw this..

**Catty1** · 04-10-2007, 10:16 PM

Oh boy...I can hardly wait to see what hits the fan when it is discovered that people knew something before pets started dying....

I didn't feed this stuff to my boys, but I am starting to get furious. All those poor animals, and their heartbroken trusting owners!

**Lizzie** · 04-11-2007, 12:22 AM

And a little more:

From News Services and Staff Reports
Wednesday, April 11, 2007; Page D03

The chief financial officer of Menu Foods sold about half of his stake in the company three weeks before the widespread pet food recall, Canadian insider-trading reports showed.

Finance chief Mark Wiens called it a "horrible coincidence" in the Toronto Globe and Mail newspaper, adding that he did not hear of any problems with the company's products until at least a week later. Wiens sold 14,000 shares on Feb. 26 and 27 for about $90,000. The shares now are worth about $54,000.

http://www.washingtonpost.com/wp-dyn...041001691.html

**DrKym** · 04-11-2007, 01:31 AM

Originally Posted by Catty1

Oh boy...I can hardly wait to see what hits the fan when it is discovered that people knew something before pets started dying....

I didn't feed this stuff to my boys, but I am starting to get furious. All those poor animals, and their heartbroken trusting owners!

Candace you know I am an honest soul......I told Penny tonight that her cats were the very first I ever put on RAW immediately..............Penny is an amazing mom, and brought me nearly 200 worth of GREAT food. All that went into the trash. I felt awful, but I was more afraid of ever having to call her over the food. Her 6 have learned to eat RAW and to honestly enjoy it (yes I made at least a months worths in my freezer for her). I am so saddened by everyones losses. No this isn't a pitch for RAW. Simply that I was blessed that it wouldn't touch me or mine.

I am honestly afraid to shop for dry or wet food for her cats or for the ferals I feed, as I haven't fed anything for so long. The damage that has been done and the damage still to come is horrifying,

**Zippy** · 04-11-2007, 09:46 AM

Coincidence..I don't think.Do they really think we are that naive

edit:I added the link to the pet food recall thread in general

**Lizzie** · 04-11-2007, 01:02 PM

Again from VetPet Digest:

The AVMA has posted a comprehensive list of pet food products which have
been recalled due to potentially contaminated wheat gluten.

http://www.avma.org/aa/menufoodsrecall/products.asp