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Quick Take – Lawrence G Schafran Wakes Up (SBAY)

Asleep at the wheel septugenarian director of such stellar companies as SulphCo (SUF), SecureAlert (SCRA) fka RemoteMDx,  and James T. Crane‘s Subaye (SBAY), Lawrence G. Schafran, has finally woken up.

In an 8k filed on the 31st of August, SBAY revealed that Mr. Schafran has resigned his seat on the board of Subaye. Since he joined the board in November 2009, the shares have gone from $15.00 to a current price of 21c. Excellent work Larry.

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