Today’s Stock On Watch: Why Ellenthal Jonathan Reported Big Walker Innovation Inc Position?

Today's Stock On Watch: Why Ellenthal Jonathan Reported Big Walker Innovation Inc Position?

The New Ellenthal Jonathan Holding in Walker Innovation Inc

Ellenthal Jonathan filed with the SEC SC 13D form for Walker Innovation Inc. The form can be accessed here: 000114420416137491. As reported in Ellenthal Jonathan’s form, the filler as of late owns 5.2% or 1,138,491 shares of the -company.

Walker Innovation Inc stake is a new one for the and it was filed because of activity on November 12,2016. We feel this shows Ellenthal Jonathan’s positive view for the stock.

Reasons Why Ellenthal Jonathan Bought – Walker Innovation Inc Stock

Item 4. Purpose of Transaction

On September 18,2013, the Issuer entered into an employment agreement with the Reporting Person (the “Employment Agreement”).Pursuant to the Employment Agreement, the Reporting Person was entitled to a one-time grant of stock options to purchase 1,000,000shares of Common Stock of the Issuer. On May 15, 2015, the Reporting Person received an additional one-time grant of stock optionsto purchase 200,000 shares of the Issuer’s Common Stock. The Stock Options are described in Item 3. above.

CUSIP No. 93166110Page 3 of 4

In addition, onMarch 19, 2015, the Reporting Person entered into the 10b5-1 Plan described in Item 3. above.

Except as otherwiseset forth herein, the Reporting Person has not formulated any plans or proposals that relate to or would result in:

(a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
(b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation involving the Issuer or any of its subsidiaries;
(c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
(d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board;
(e) Any material change in the present capitalization or dividend policy of the Issuer;
(f) Any other material change in the Issuer’s business or corporate structure;
(g) Changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
(h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
(i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Act of 1933, as amended; or
(j) Any action similar to any of those listed above.

Business Profile

PT PP Properti Tbk is an Indonesia-based company primarily engaged in property development. It classifies its business into three business units: commercial, residential and hospitality. Some of its projects are Grand Kamala Lagoon, Paladian Park, Pavilion Permata 1, Pavilion Permata 2, Gunung Putri Square, Grand Sungkono Lagoon, Payon Amartha, Park Hotel and Kaza City; the projects are located in several areas in Indonesia, such as Jakarta, Surabaya, Bogor, Bandung and Semarang. Its subsidiaries include PT Gitanusa Sarana Niaga.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

The stock decreased 2.42% or $35 on December 1, hitting $1410. PP Properti Tbk PT (IDX:PPRO) has risen 6.00% since November 2, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.

PT PP Properti Tbk is an Indonesia-based firm primarily engaged in property development. The company has a market cap of $. It classifies its business into three business units: commercial, residential and hospitality. It has a 49.68 P/E ratio. Some of its projects are Grand Kamala Lagoon, Paladian Park, Pavilion Permata 1, Pavilion Permata 2, Gunung Putri Square, Grand Sungkono Lagoon, Payon Amartha, Park Hotel and Kaza City; the projects are located in several areas in Indonesia, such as Jakarta, Surabaya, Bogor, Bandung and Semarang.

Another recent and important PP Properti Tbk PT (IDX:PPRO) news was published by Usatoday.com which published an article titled: “The twin ‘Property Brothers’ are stars of HGTV” on November 21, 2016.

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