KPWiG questions PC Guard's 445% bourse growth

Rights for shares (PDA) went up by 101% and their price reached the level of zl.30 per share. With regard to share earnings, these were only made by a few people, as the shares are in general held by 12 investors, mainly founders of the company. "I do not know who sold the shares. I wanted to explain this issue and called a few shareholders, but none of them admitted having sold the stock," explained Dariusz Grzeœkowiak, president of PC Guard. With regard to PDA, turnover stood at 235,000 units or zl.12 million, which constitutes 47% of all rights for shares. "We are looking into the transactions and are gathering information about who was trading shares and PDA," said £ukasz Dajnowicz, spokesperson of KPWiG. The Poznañ-based company is currently worth from zl.30 million to zl.90 million, while its sales stand at a mere zl.5 million. (Parkiet, p. 2) M.M.