Phil M sells 8,650 shares on July 16

[Palm]

Full disclosure; filing dated last Friday shows Phil M sold 8.650 shares last Monday.  The bonks of the world will have fun with this.

Insider name:

MULACEK, PHIL E

Insider's Relationship to Issuer:

3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer

Ceased to be Insider:

Not applicable

Security designation:

Common Shares

2118811

2012-07-16

2012-07-20

Direct Ownership :

10 - Acquisition or disposition in the public market

-8,650

1,640,677

[Tree]

Bait for the trap.

[jft310]

Was told this was probably a transfer of shares from one entity to another. Thats what Phil's last sales were transfers of shares .Checking on this statement I make.

[Palm]

I'd be surprised if that's what it was Ken; that would normally be shown as "11- acquisition or disposal carried out privately"; this shows it as a public market transaction. See what you can find out. Thanks

[Tree]

Me sources in Warsaw say Phil needed some cash to re-name the Penn State Library after himself.

[jft310]

Heck build a Phil M statue also.They have an empty pedestal I hear.

[Palm]

Won't be a statue at PSU! He's a Red Raider and his statue will be a likeness of Uncle Scrooge clutching dollar bills (greedy) in one hand and a drill rig in the other and it will be made out of molded drilling mud! And he'll be riding a Zebra! Hohoho