For those of you who would like to take advantage of our Luck O' the Irish SALE but prefer not to make payments online, you are welcome to send us a check or money order in the amount of $114.12 for a 3-year AD-FREE Premium Service Bundle or $190.20 for a 5-year Bundle. Make checks or money orders payable in US funds to "Investor Village" and send to: Investor Village, P.O. Box 2958, Marrero, LA 70073.
As many of you know, we operate on the honor system around here. So, in closing out our Luck O' the Irish SALE, we wanted to advise those of you who plan to pay by check or money order that you can send a PM to Admin informing us of your intention. We will then upgrade your account for 7 days, allowing you to enjoy our ad-free premium service now and giving you a reasonable amount of time to get your payment in.
Re: List of NOVC BAGHOLDERS per Proxy- PROOF of bird fibbing again
SECURITY OWNERSHIP
OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The
following table sets forth sets
forth certain information with respect to beneficial ownership of our
Common Stock as of October 24, 2019 by: (i) each person,
or group of affiliated persons, known to us to beneficially own more
than 5% of our outstanding Common Stock, (ii) each of our
directors and Named Executive Officers, and (iii) all of our current
directors and executive officers as a group. The amounts
and percentages of Common Stock beneficially owned are reported on the
basis of regulations of the SEC governing the determination
of beneficial ownership of securities. The information relating to 5%
beneficial owners is based on information we received from
such holders. Except as otherwise set forth below, the address of the
persons listed below is c/o Novation Companies, Inc., 9229
Ward Parkway, Suite 340, Kansas City, Missouri 64114.
Beneficial
Ownership of Common Stock
Name of Beneficial Owner
Shares
Percent
of Class(1)
Named Executive Officers and Directors
Howard M. Amster(2)
3,538,623
3.1%
Howard Timothy Eriksen(3)
1,333,333
1.2%
Barry A. Igdaloff(4)
10,170,376
9.0%
Lee D. Keddie(5)
1,333,333
1.2%
David W. Pointer
2,000,000
1.8%
Carolyn K. Campbell
400,000
*
Richard M. Rector
--
--
Jeffrey E. Eberwein
1,207,522
1.1%
All current directors and executive officers as a group (6 persons)(6)
18,775,665
16.7%
5% Beneficial Owners
Massachusetts Mutual Life Insurance Company(7)
19,258,775
17.1%
*
Less than 1%
(1)
Based on 112,403,893 shares of common stock outstanding as of October 24, 2019. Shares of common stock issuable upon exercise
of options, warrants or other rights or the conversion of other convertible securities beneficially owned that are exercisable
or convertible within 60 days are deemed outstanding for the purpose of computing the percentage ownership of the person holding
such securities and rights and all directors and executive officers as a group.
(2)
Consists of 3,026,567 shares of common stock, 500,000 shares of unvested restricted stock and 12,056 shares of common stock
issuable upon exercise of options held directly.
(3)
Consists of 833,333 shares of common stock and 500,000 shares of unvested restricted stock.
(4)
Consists of 6,101,306 shares of common stock, 600,000 shares of unvested restricted stock and 12,056 shares of common stock
issuable upon exercise of options held directly; and 3,457,014 shares of common stock controlled by Mr. Igdaloff as a registered
investment advisor.
(5)
Consists of 833,333 shares of common stock and 500,000 shares of unvested restricted stock.
(6)
Consists
of 16,651,553 shares of common stock, 2,100,000 shares of unvested
restricted stock and 24,112 shares of common stock
issuable upon exercise of options. Excludes shares beneficially owned by
Mr. Rector and Mr. Eberwein, who are no longer executive
officers or directors of the Company.
(7)
Based on a
Form 3 filed on December 14, 2011, Massachusetts Mutual Life Insurance
Company (“Mass Mutual”) may be
deemed to own beneficially and indirectly 19,258,775 shares of common
stock held in one or more advisory accounts and private investment
funds. The address of Mass Mutual is 1295 State Street, Springfield, MA
01111.